
Ex-Georgian Economy Minister appointed CEO of SOCAR-acquired Italian petroleum company
Levan Davitashvili served as Economy Minister from February 2022 to June 2025.

Levan Davitashvili served as Economy Minister from February 2022 to June 2025.

Multiple cases of mass bird deaths have been recorded along Azerbaijan’s Caspian Sea coast, raising concerns of disease or toxic pollution.

Azerbaijan’s economy is highly dependent on oil and natural gas, with increases in oil prices directly affecting Azerbaijan’s state budget revenues.

Captain Avtandil Kalandadze will be brought to the US to face prosecution, the US Embassy in London has stated.

The liquified gas and bitumen will reportedly be sourced from Russia.

In turn, Ilham Aliyev said that the ‘day is not too far away’ when Armenian cargo would go directly through Azerbaijan.

While economically necessary, these fiscal adjustments may carry political consequences, including the potential for civilian unrest.