Renewed fighting in northern Ethiopia is drawing in the country's disputes with Egypt, Sudan and Eritrea, raising fears that its internal conflict could spread across the region.
Nearly $11 billion (€9.7 billion) worth in contracts have emerged from the Azerbaijan International Investment Forum, where some of the world's biggest investment managers gathered for talks ranging from infrastructure and technology to energy and transport.
Azerbaijan observes its annual Remembrance Day honouring soldiers fallen in 2020, while building on six years of peace for post-war recovery, new opportunities and regional normalisation.
"If the necessary conditions are met, the strait can be reopened, and normal maritime traffic can resume within seven days," Iranian Foreign Minister Abbas Araghchi said on Friday.
The Tehreek-e-Taliban Pakistan (TTP) group, or Pakistani Taliban, has claimed responsibility for the bombing. The group, founded in late 2007, is allied with the Afghan Taliban.