Bank Of Baku

EU leader: Energy partnership with Azerbaijan gains greater importance amid war in Iran

EU leader: Energy partnership with Azerbaijan gains greater importance amid war in Iran
# 11 March 2026 17:37 (UTC +04:00)

Energy partnership has become more important than ever amid the war in Iran shaking global energy markets, President of the European Council Antonio Costa said in a press statement with President of the Republic of Azerbaijan Ilham Aliyev, APA reports. 

“The European Union is ready to mobilize private investments and financial resources to support Azerbaijan’s energy transition. At the same time, we encourage European clean technology companies to participate more actively in Azerbaijan’s ambitious plans,” Antonio Costa noted.

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