Brent initially jumped 5.7% to $81.40 per barrel during active trading but later fell below $77. WTI is currently priced at $74.4 per barrel. U.S. President Donald Trump stated that the airstrikes over the weekend "destroyed" three targets in Iran.
TOP NEWS
- 02 Jun 2025 14:23 Sports Ilham Aliyev received members of Azerbaijan national team, winners of the minifootball World Cup
- 11 Jun 2025 16:34 Education Azerbaijan's minister of science and education Emin Amrullayev delivered a speech at the 2nd 'One Belt, One Road' Ministerial Meeting on Science, Technology and Innovation
- 02 Jun 2025 13:02 Event The 22nd Caspian International Transport, Transit, and Logistics Exhibition - Translogistica Caspian kicks off in Baku
- 12 Jun 2025 19:07 Education Emin Amrullayev meets with the Minister of Science and Technology of the People's Republic of China
- 12 Jun 2025 20:09 Education The Minister of Science and Education meets with the management staff of “Huawei” company
- 02 Jun 2025 16:29 Energy Cooperation documents on "green energy" signed during Baku Energy Week
- 02 Jun 2025 17:50 Energy SOCAR and Gran Tierra Energy Inc. signed a memorandum of understanding
- 10 Jun 2025 14:38 Official Ilham Aliyev attended inauguration of new administrative building of State Customs Committee
- 12 Jun 2025 14:06 Education Emin Amrullayev meets with the Minister of Higher Education, Research and Innovation of the Sultanate of Oman
- 03 Jun 2025 12:49 Economy Azerbaijan, China’s Jiangsu province explore new avenues for co-op
EDITOR'S CHOICE
- 02 Jun 2025 14:23 Sports Ilham Aliyev received members of Azerbaijan national team, winners of the minifootball World Cup
- 11 Jun 2025 16:34 Education Azerbaijan's minister of science and education Emin Amrullayev delivered a speech at the 2nd 'One Belt, One Road' Ministerial Meeting on Science, Technology and Innovation
- 02 Jun 2025 13:02 Event The 22nd Caspian International Transport, Transit, and Logistics Exhibition - Translogistica Caspian kicks off in Baku
- 12 Jun 2025 19:07 Education Emin Amrullayev meets with the Minister of Science and Technology of the People's Republic of China
- 12 Jun 2025 20:09 Education The Minister of Science and Education meets with the management staff of “Huawei” company
- 02 Jun 2025 16:29 Energy Cooperation documents on "green energy" signed during Baku Energy Week
- 02 Jun 2025 17:50 Energy SOCAR and Gran Tierra Energy Inc. signed a memorandum of understanding
- 10 Jun 2025 14:38 Official Ilham Aliyev attended inauguration of new administrative building of State Customs Committee
- 12 Jun 2025 14:06 Education Emin Amrullayev meets with the Minister of Higher Education, Research and Innovation of the Sultanate of Oman
- 03 Jun 2025 12:49 Economy Azerbaijan, China’s Jiangsu province explore new avenues for co-op
NEWS
- 29 Jun 2025 14:24 Tourism Attention Travelers! New aviation rules in Türkiye
- 26 Jun 2025 16:37 Economy Uzbekistan and Mongolia open new chapter in strategic partnership
- 24 Jun 2025 13:50 Energy New power plant commissioned
- 23 Jun 2025 13:41 Energy Oil price reflects new risks
- 23 Jun 2025 13:22 Economy IMF warns parties to the Middle East conflict
- 20 Jun 2025 13:53 Energy Nuclear Power Plant to be built in Zhambyl district
- 20 Jun 2025 13:52 Energy Oil price drops
- 19 Jun 2025 11:40 Energy bp chief holds talks in Baku
- 19 Jun 2025 11:29 Ecology Zabukhchay reservoir commissioned in Lachin
- 19 Jun 2025 10:56 Energy New appointment at BP
- 19 Jun 2025 10:49 Energy Gazprom on global gas demand
- 19 Jun 2025 10:42 Energy FED holds key interest rate steady
- 19 Jun 2025 10:37 Energy Oil market marked by volatility this week
- 19 Jun 2025 08:55 Energy Shell fearing escalation of tensions in the Middle East
- 18 Jun 2025 13:17 Economy The St. Petersburg International Economic Forum kicks off in St. Petersburg
- 18 Jun 2025 13:01 Energy China invents new battery technology
- 18 Jun 2025 11:20 Transport Container transit volume on the Central Trans-Caspian Route may increase
- 18 Jun 2025 10:51 Accent Oil price forecast
- 18 Jun 2025 06:54 Energy Investment in oil and gas sector declining
- 18 Jun 2025 06:40 Ecology Central Asian countries face major investment needs amid global climate change