Energy prices have seen significant strength recently. European gas prices have rallied 94% during September, taking them to record levels. Oil and coal have also strengthened.
Moscow’s move comes amid high tensions as Iran, Azerbaijan and Turkey flex muscles with military exercises.
Azerbaijan and close ally Turkey set to hold “Indestructible Brotherhood” military drills in Azerbaijani exclave Nakhchivan in seeming response to Iranian manoeuvres.
A new leak of millions of documents dubbed the Pandora Papers has revealed more details of the use of offshore companies by the elite of New Europe, detailing their ownership of hundreds of millions of dollars of assets.
Tehran, peeved at military exercises involving Azerbaijani, Turkish and Pakistani forces, appears to have resorted to sabre-rattling.
Two new papers find that Georgia and Azerbaijan would gain more from improving trade with their neighbours than pursing a place on the Belt and Road.
A case filed by Armenia against Azerbaijan in the International Court of Justice could have significant implications for the conflict. And it carries risks for both Armenia and Azerbaijan.
Geneticists say the popular vegetable was first domesticated in the region.
Villagers endure loss of livestock that wander across new frontier and frustration of knowing that reaching the rest of their country by road means crossing into Azerbaijan.
Representative of Iranian supreme leader warns Azerbaijan to not “play with the lion’s tail”.
Tactic may be designed to up pressure on Yerevan to permit a route that would enable Azerbaijanis to reach their Nakhchivan exclave via Armenian territory.
The move appears to be part of a steadily increasing effort by Baku to exert control over the road in southern Armenia that passes through pockets of Azerbaijan-controlled territory.
Tehran concerned at how special forces from Turkey linked up with Azerbaijani counterparts.
Behind the scenes with an American negotiator who helped forge a radical new level of US engagement in Central Asia after 9/11.
Baku has been increasingly airing public criticisms of Moscow over the post-war order, which have been exacerbated by the lack of a formal mandate for the Russian peacekeepers in Karabakh.
Most of the countries Eurasianet covers were involved in the airlift. Some even contributed troops during the 20-year war.
Sports commentators are questioning the wisdom of hiring foreign players to compete for the Azerbaijani flag.
For decades Azerbaijan denounced Armenian irredentism. Now it is advancing expansionary territorial claims of its own as it seeks to impose peace on its terms.
Clashes in the wake of last year’s Nagorno-Karabakh war have become more frequent in recent months.
The remarks earned the country’s senior Islamic official a rebuke from a senior adviser to Turkey’s president and a smear campaign in Azerbaijani pro-government media.