Day: July 23, 2026
The United States on Wednesday carried out a twelfth consecutive night of military strikes against Iranian targets, as tensions across the Middle East continued to intensify. In a post on X, US Central Command (CENTCOM) said the latest operation began at 17:30 ET at the direction of President Donald Trump.
“At 5:30 pm ET today, US forces began launching more strikes against Iranian military targets at the Commander in Chief’s direction. The mission will continue to further degrade Iran’s ability to threaten civilian mariners and commercial vessels transiting regional waters,” CENTCOM said.
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The price of Azerbaijan’s Azeri LT CIF oil in the world market increased by $1.83, or 1.85%, to $100.56 per barrel, Report informs.
September futures for Brent crude were traded at $94.17 per barrel.
The price of a barrel of Azerbaijani oil of the Azeri LT CIF on Free on Board (FOB) basis at Türkiye’s Ceyhan port rose by $1.88 or 1.98%, amounting to $96.69.
The average oil price in Azerbaijan’s state budget for 2026 was set at $65 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
Azeri Light oil is produced under the contract for the development of the Azeri‑Chirag‑Gunashli (ACG) block of fields, in which the State Oil Company of Azerbaijan (SOCAR) holds a 31.65% share.


