Global oil prices rose sharply in early 2026, with Brent crude exceeding $100 per barrel in mid-March after disruptions in the Middle East and heightened risks in the Strait of Hormuz.
Some changes are immediately visible: new turbines on the steppe, solar panels on rooftops, and figures in reports. Other changes mature in silence - but transform everything. Azerbaijan, for decades associated with black gold, is now writing a new chapter.
Wind farm developer Orsted's plan to raise much-needed capital is at risk following a U.S. order to halt construction of a near-complete project, and the Danish group's share price could come under pressure on Monday, analysts said.
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