On 7 August, President Ilham Aliyev of Azerbaijan met in Washington with Steve Witkoff, Special Envoy of the U.S. President. The two leaders witnessed the signing of a Memorandum of Cooperation between SOCAR and ExxonMobil.
Azerbaijan’s Economy Minister Mikayil Jabbarov and ExxonMobil Vice President John Ardill signed the agreement, marking a new phase in U.S.–Azerbaijan energy cooperation.
Talks highlight deepening economic ties
After the signing, President Aliyev and Steve Witkoff held bilateral talks focused on expanding economic relations between Azerbaijan and the United States. Both sides emphasised the significance of the new partnership for regional energy security.
Trump to suspend Section 907, ending three decades of restrictions
In a related move, U.S. President Donald Trump is set to sign an executive order on 8 August, suspending Section 907 of the Freedom Support Act. The measure, to be announced during Aliyev’s Washington visit, will end a 33-year-old ban on US government assistance to Azerbaijan—a restriction imposed in 1992 during the Armenian occupation of Azerbaijani territory. While previous presidents temporarily waived the amendment, the Biden–Blinken administration reinstated it as a pressure tool. Trump’s decision is seen as a decisive step towards restoring fair bilateral ties.
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The U.S. has approved the sale of 500 Patriot PAC-3 missiles to Ukraine in a deal worth an estimated $2.1 billion, but Kyiv could face years of delays before receiving the weapons it urgently needs to defend against intensifying Russian attacks.
Iranian Supreme Leader Ayatollah Khamenei has ordered Iran's armed forces to respond to any threat immediately and without geographical limits in statements posted to social media platforms on Saturday (31 October).
Demonstrators carrying Iranian flags and placards supporting the hijab gathered outside the Azerbaijani Embassy in London.
A Chinese-made AI chip has matched Nvidia’s H200 in tests conducted by its developer, marking a potential breakthrough in China’s efforts to reduce its dependence on foreign technology.
A hacking group linked to North Korea is widely believed to be behind the theft of $6.3 billion from cryptocurrency giant Binance, a cyberattack that experts describe as the largest cryptocurrency heist on record.
Saudi Arabia’s air defences have intercepted and destroyed a hostile drone over the Riyadh region, according to the Saudi-led coalition fighting in Yemen. No casualties were reported.
Since 2021, only 9 per cent of $8 billion in humanitarian aid for Afghanistan can be traced beyond initial recipients in public records, a Kabul Institute report released on 22 October said. The United Nations says its oversight systems ensure accountability.
Opium poppy cultivation in Afghanistan surged by 330 per cent in 2026 despite a four-year ban, the United Nations said on Thursday. Afghan authorities disputed the findings, while Japan urged continued support for farmers seeking alternative livelihoods.
Demonstrators carrying Iranian flags and placards supporting the hijab gathered outside the Azerbaijani Embassy in London.
Central Asia could gain up to $640 million a year from closer energy cooperation, but strained electricity grids threaten to limit those gains, with Kazakhstan particularly exposed to regional power shortages and growing pressure on its network.
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