Baku: Due to the recent events, all flights scheduled for March 5, 2026, on the Baku-Nakhchivan-Baku route have been canceled, Azerbaijan Airlines (AZAL) told APA-Economics. In response, AZAL has organized alternative flights to ensure continued trans…
Baku: To ensure a steady transport connection with Nakhchivan, Azerbaijan Airlines (AZAL) has scheduled additional flights on the Baku-Igdir-Baku route. Azerbaijani citizens now have an alternative travel option between Baku and Nakhchivan.
Accordi…
Baku: The Cabinet of Ministers has announced the temporary suspension of cargo truck movement across the Azerbaijan-Iran state border. This decision affects all border crossing points, including those used for transit cargo transportation.
According…
Baku: “The tax system of the future will no longer rely solely on a retrospective approach and will instead be based on real-time data analytics, artificial intelligence, and risk-based models,” said Orkhan Nazarli, the Head of the State Tax Service, …
London: During trading on the ICE London intercontinental exchange, the price of the May 2026 contract for Brent crude oil exports increased by 2.08%, reaching $84.23 per barrel.
According to Azeri-Press News Agency, on the New York NYMEX commodity …
Baku: Commercial crude oil inventories in the United States have increased by 3.475 million barrels, reaching 439.279 million barrels, APA-Economics reports. This was stated in a report published by the U.S. Energy Information Administration (EIA) und…
Baku: An appointment has been made to the leadership of the State Oil Fund of Azerbaijan (SOFAZ), the Fund told APA-Economics. Vadim Pshenichny has been appointed as the advisor to the Executive Director of SOFAZ, starting from March this year.
Acco…
Baku: Today, the next batch of petroleum products was dispatched from Baku to Armenia, APA reports. This shipment includes 1,984 tons of diesel fuel transported in 31 wagons.
According to Azeri-Press News Agency, the dispatch also comprises two wag…
New york: Futures prices for gold and silver have seen an uptick on commodity markets. According to APA-Economics, which cites exchange data, the futures price for one troy ounce (31.1 grams) of gold has risen.
According to Azeri-Press News Agency, …
