West Texas Intermediate (WTI) and Brent crude futures were volatile during the holiday-shortened trading week amid plans to impose a price cap on Russian oil. The policy is poised to go into effect on Dec. 5 when the European Union establishes a boycott on nearly all of Moscow’s petroleum products. …

The yearly growth rate of the Consumer Price Index (CPI) fell to 7.7 percent in October from 8.2 percent in September. Note that in October 2021 the yearly growth rate stood at 6.2 percent. Some experts are of the view that it is quite likely that the momentum of the …

Last week, Azerbaijani President Ilham Alliyev told the ‘Along the Middle Corridor’ Conference that “we will do everything possible to defend our way our life as well as the secular direction of the development of Azerbaijan and of Azerbaijanis, including Azerbaijanis living in Iran. They are part of our nation” …