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Azeri Light Tops $131, More Than Double Azerbaijan’s Budget Price

Azeri Light rose to $131.62 a barrel, more than twice the $65 oil-price assumption used in Azerbaijan’s 2026 state budget.

IMF Cuts Azerbaijan’s 2026 Growth Forecast to 1.7%

The IMF has lowered its forecast for Azerbaijan’s economic growth in 2026 to 1.7%, while raising its current-account surplus estimate.

ADB Approves $302.38 Million Loan for Baku Metro Digital Upgrade

The Asian Development Bank has approved a $302.38 million loan to modernize signaling and digitize operations across the Baku Metro.

UK Says IRGC Almost Certainly Directed Suspected US Air Base Plot

Britain says a suspected plot targeting RAF Fairford was highly likely coordinated in Iran and almost certainly directed by the IRGC. Tehran denies involvement, and no suspect has been charged.

Baku Schools Begin Dress-Code Checks, Bar Some From Classes

Baku education authorities have begun checking student uniforms and teachers’ attire in state schools, with some people reportedly denied entry for noncompliance.

Azerbaijan Says Safe Energy Deliveries Are Key to Oil Market Stability

Azerbaijan says transport-route security, freight rates and insurance costs should be considered alongside supply and demand when assessing the oil market.

Riyadh Airport to Stay Closed Until October 17 After Houthi Attacks

Riyadh’s King Khalid International Airport will remain closed until October 17 after deadly Houthi missile and drone attacks disrupted Saudi aviation.

Škoda Plans Baku Production and Maintenance Hub

Škoda Group plans a production and maintenance facility in Baku that could serve the Caucasus and Central Asia, though no final investment contract or timetable has been announced.

Aliyev and Iranian Interior Minister Focus on Security Cooperation

BAKU, Azerbaijan - President Ilham Aliyev and Iranian Interior Minister Eskandar Momeni discussed security and public-order cooperation during a meeting in Baku on Oct....

Azerbaijan Hosts 30 More Ukrainian Children for Rehabilitation

BAKU, Azerbaijan - Another 30 children from Ukraine’s Dnipropetrovsk and Kyiv regions have arrived in Azerbaijan for a 10-day medical, social and psychological rehabilitation...

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