G7 leaders agreed on Friday to release 100 million barrels of diesel and crude after US pressure on Europe, with supplies squeezed by Iran's restrictions on shipping through the Strait of Hormuz.
The 2nd Azerbaijan International Investment Forum brought together representatives from more than 70 countries to discuss investment, trade, infrastructure and diversification, with more than $10 billion in contracts and agreements signed.
The FlyDubai co-pilot who nearly crashed the Tel-Aviv bound flight is an Omani national named Hamam al-Hammami. He was barred from flying by Oman amid concerns he showed signs of extremist views. The incident threw the already hard-hit regional travel industry into crisis.
With Brussels running a €1 billion-a-day deficit with China, the EU has nearly tripled its own trade investigations and is warning of "harsher measures" unless Beijing offers something concrete.
President Luiz Inacio Lula da Silva and rival Flavio Bolsonaro are pulling no punches in a last-ditch effort to win voters ahead of Sunday's election in Brazil, where the US and Australia suspended consular services Friday over security concerns.