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By Parisa HafeziOctober 22, 20257:59 AM GMT+3Updated 3 hours ago DUBAI, Oct 21 (Reuters) – Iran’s economy is at risk of simultaneous hyperinflation and severe recession, officials and analysts say, as clerical rulers scramble to preserve stability with limited room to manoeuvre after a snapback of U.N. sanctions. They followed a breakdown …

Significant progress has been made in establishing Türkiye as a major regional gateway for the transit of natural gas, especially in enabling the shipping of gas from Turkmenistan and Azerbaijan to Europe. Its strategic positioning in the global energy market is strengthened by its participation in significant infrastructure projects like …

Iran's president Masoud Pezeshkian and Azerbaijan's president Ilham Aliyev in a bilateral trade forum, Baku, April 28, 2025

‘While countries like the US and Australia have reopened mines, they remain dependent on China for refining,’ says energy strategist Umud Shokri In the 1990s, the US started offshoring a lot of our mining and a lot of our processing. So, a lot of that went to China … There’s …

Baku, November 1, AZERTAC Azerbaijan’s hosting of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change will play a critical role in facilitating the country’s transition to green energy, as well as achieving the goals of renewable energy development. Undoubtedly, the international …

Analysis: Amid a trend of de-escalation, Turkey and the UAE are repairing broken ties. But while economic relations are driving the rapprochement, political differences remain. Turkey’s relations with Arab countries have been strained in recent years, but the US withdrawal from Afghanistan has created a new balance of power in the region. …