OPEC Fund extends $20 mln loan to support SMEs in Azerbaijan

The OPEC Fund for International Development has approved a $90.4 million loan to Azerbaijan to finance the construction of a wastewater treatment plant in the industrial city of Sumgait, the fund said following its 195th governing board meeting.

British armed forces and supporting agencies have been granted the authority to inspect and detain vessels under UK sanctions passing through British territorial waters. The decision was taken by UK Prime Minister Keir Starmer on March 25.

According to Israeli media reports and regional analysts, Israel is reassessing its estimates of Iran’s military potential and the feasibility of regime change in the course of the ongoing military operation. Against this backdrop, tensions are reported to be rising between Prime Minister Benjamin Netanyahu and the intelligence service Mossad.

A 250-megawatt battery energy storage system was commissioned on Wednesday on the Absheron Peninsula, aimed at stabilizing the power grid and accelerating the integration of renewable energy as part of efforts to expand electricity exports to Europe.