Israel’s Netanyahu signals coalition with opposition after losing majority
Israeli Prime Minister Benjamin Netanyahu moves during an election campaign in Jerusalem on the 23rd of last month. Reuters/Yonhap News Agency [Financial News] Israeli Prime Minister Benjamin Netanyahu, who is seeking an eighth term, said he was abandoning his previous position of forming a right-wing government and would instead establish a broad coalition government. However,…
Turkic States: Can They Build a New Eurasian Power Bloc?
The twentieth century belonged, in many ways, to Arab oil. The twenty-first, some believe, could belong to Turkic gas. It is an ambitious comparison, but one that was difficult to ignore in Ankara last week, where leaders of the Organization of Turkic States (OTS) gathered to discuss how the vast territories stretching from the Mediterranean…
Turkey aims to raise trade with Libya to $5 billion
Turkey is seeking to increase its trade volume with Libya to $5 billion, Turkish Trade Minister Omer Bolat said following talks in Istanbul with Libya’s Minister of Economy and Trade, Suhail Aboushiha. The two sides reaffirmed their commitment to achieving the target and discussed ways to strengthen economic and trade cooperation, including preparations for a…
![Azerbaijan, Japan discuss expanding economic and transport cooperation [PHOTOS]](https://www.azernews.az/media/2023/01/23/324510177_2993982814239471_8045505945762018295_n_1.jpg "Azerbaijan, Japan discuss expanding economic and transport cooperation [PHOTOS]")
Azerbaijan, Japan discuss expanding economic and transport cooperation [PHOTOS]
Azerbaijan’s Foreign Minister Jeyhun Bayramov met with Japan’s newly appointed Ambassador to Azerbaijan, Tokuro Furuya, on November 2. According to Azerbaijan’s Ministry of Foreign Affairs, Furuya presented a copy of his credentials to Bayramov during the meeting. The minister congratulated the ambassador on his appointment and wished him success in his diplomatic mission, highlighting the…
Israel’s Hanukkah doughnut season begins with bakery chain price freeze
Israeli bakery chain Maafe Neeman said it would hold its Hanukkah doughnut prices steady this year, introducing flavors such as pistachio and cornflake cream while keeping its classic jam-filled version at NIS 6. The chain said it would absorb higher ingredient costs, including flour, rather than raise prices for its 2026 holiday collection. Premium doughnuts…
ADNOC Chief Squarely Blames US-Israeli War on Iran for Global Energy Crisis
The 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) opened in Doha on Monday. It is anticipated that more than 239,000 representatives of the oil industry from over 170 countries will attend. More than 2,250 companies will exhibit during the four days of the show and around 1,800 speakers will join seminars on a…
Israeli-provoked conflicts put pressure on global energy prices: Turkish VP Cevdet Yilmaz
Halting genocide in occupied Palestinian territories, reconstructing Gaza and continuing international efforts are primary responsibilities, vice president stresses Wars sparked by Israeli provocations are exerting severe pressure on global energy prices and national economies, Turkish Vice President Cevdet Yilmaz said Monday. “As a result of the wars that started with Israel’s provocations, we are witnessing…
Global oil stocks fall by nearly 1 billion barrels
Diesel stocks hit 35-year seasonal lows in some markets as shipping costs rise to 30% of barrel value and Brent crude trades near $110 ABU DHABI: Global oil inventories have declined by nearly 1 billion barrels since the US-Israeli war on Iran disrupted shipping through the Strait of Hormuz, significantly reducing supply buffers as fuel…
Xi Jinping warns against great-power rivalry in Middle East during Oman summit
The Middle East and Gulf region should not become a battleground for great-power rivalry, and China is willing to work with Arab nations to achieve lasting peace, Chinese President Xi Jinping told Oman’s sultan on Monday. China has traditionally played a low-key diplomatic role in the Middle East, but has stepped up efforts to try…
India and Azerbaijan: Is a new chapter in bilateral relations beginning? – EXPERT OPINIONS
Against this backdrop, News.Az spoke with Indian political scientist Abhinav Pandya and Burzine Waghmar, former Visiting India Fellow at the Royal United Services Institute (RUSI), London, and member of the SOAS South Asia Institute at the School of Oriental and African Studies (SOAS), London, to assess the prospects for renewed cooperation, the impact of regional…
