Support and Influence of the Slogan "Drill, Baby, Drill"

Donald Trump, the 47th President of the United States, was inaugurated on January 20 and began his term by taking an oath. He started his administration by implementing a state of emergency at the Mexico border and also pledged to immediately declare a national energy emergency, replenish strategic reserves, and export American energy worldwide.

At the World Economic Forum in Davos, former U.S. President Donald Trump, speaking via video link on January 23, proposed a bold strategy to reduce global oil prices, asserting that high energy costs are prolonging the conflict between Russia and Ukraine. Trump urged OPEC, particularly Saudi Arabia, to lower oil prices, claiming this would accelerate an end to the war.

On July 1, 2024, the United States Agency for International Development (USAID) de jure ended its 33-year presence in Azerbaijan, closing a chapter that began in the early days of the country’s independence. This information, disclosed on January 16 at a press conference by Azerbaijani Foreign Minister Jeyhun Bayramov, both culminated years of strained relations and reflected changing geopolitical affinities.

On November 21, the United States imposed sanctions on Gazprombank, Russia's third-largest bank, along with six of its subsidiaries abroad, over 50 Russian financial institutions, 40 securities registrars, and 15 financial officials.