Iran Conflict Shifts Trade Toward Middle Corridor
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- Business
- 3 April 2026 14:49
The Caspian Basin
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On May 29, U.S. Secretary of State Marco Rubio met with Turkmen Foreign Minister Rashid Meredov in Washington. The issue of diversifying Turkmen gas exports through the Trans-Caspian route was at the center of the discussions.
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On June 1, Azerbaijan’s capital will host one of the region’s largest energy gatherings, Baku Energy Week 2026, whose centerpiece will be the 31st Baku Energy Forum.
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The wars in Iran and Ukraine have sharply increased the strategic importance of the so-called Middle Corridor linking Asia and Europe, as traditional trade routes face disruptions and energy prices surge, officials and analysts say.
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On August 22, senior officials from Azerbaijan and Russia met in Astrakhan for the 23rd session of their intergovernmental commission on economic cooperation, in what observers described as a cautious step toward normalisation of relations after months of tension.
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