Azerbaijan's state oil company, SOCAR, will receive a $1.5 billion loan from Russia's Lukoil as part of a deal to supply crude oil to SOCAR's oil refinery in Turkey.
Armenia doesn't trust Azerbaijan's recent actions and rhetoric indicating that it's deprioritizing its ambition for a corridor through Armenia to its exclave Nakhchivan.
Russian diplomacy and Turkmenistan's evolving foreign relations amidst president Berdymukhamedov’s growing influence. And more in this week's Akhal-Teke Bulletin.
The president of Azerbaijan congratulated his Turkish counterpart without waiting for the second round of elections. Other officials are already celebrating, too.
Analysts say that, while an Erdogan defeat would be a preferable outcome for Armenia, a change of power in Turkey would not necessarily be a game changer.