Azeri Light crude oil climbs to $93.37 per barrel

The price of a barrel of Azerbaijan's Azeri Light crude oil on the global market increased by $2.33, or 2.56%, to settle at $93.37.

The upward trajectory in Azerbaijani crude prices aligns with broader gains across international energy commodity markets. Heightened supply chain concerns and geopolitical risks along critical maritime transit routes continue to bolster oil benchmarks globally.