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Bakou

  • 5h ago

    Germany seeks more Azerbaijani gas and oil as Merz and Aliyev sign strategic pact, while Baku backchannel surfaces

    Chancellor Friedrich Merz and Azerbaijani President Ilham Aliyev agreed in Berlin to deepen energy ties, with Germany seeking more gas and oil while Aliyev demanded new pipelines and investment. The meeting also surfaced a secret backchannel between former German and Russian officials in Baku.

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Today’s Brief

Ten nights over Hormuz

US pounds Iran as governments and regulators test brittle rules at home

The past 12 hours produced a familiar modern mix: war-risk premiums, constitutional rough work and judges trying to slow corporate ambition. The common thread is constraint, either missing, newly imposed or being tested in public.

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Climate: from mitigation to adaptation

The Iberian Peninsula is preparing for a potentially record-shattering heatwave, and New Zealand's climate watchdog issued a warning about stalled emissions progress.

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