Goldman Sachs has warned that global oil prices could surge well above $100 per barrel if disruptions in the Strait of Hormuz persist, highlighting the fragility of energy markets amid escalating geopolitical tensions.

Tesla is hiring to support founder Elon Musk’s newly announced plan to make the company the largest U.S. manufacturer of solar energy components, according to online posts by senior executives.

Azerbaijan’s total electricity production rose by 12.1 million kWh (0.1%) in the first nine months of 2025, reaching 21,798.7 million kWh.

During an official visit to China by an Azerbaijani delegation led by Deputy Prime Minister Shahin Mustafayev, an investment agreement was signed on September 9 in Chengdu.

Total electricity production in Azerbaijan amounted to 7171.8 million kWh, according to operational data for January-March 2025.

The Energy Information Administration (EIA) of the US Department of Energy has kept its forecast for Azerbaijan's daily oil production in 2025 unchanged, maintaining previous projections.

Saudi Arabia's state-owned oil giant, Aramco, reported a profit of $106.25 billion for 2024, marking a 12% decline compared to the previous year due to lower energy prices.