# Impact of Events Around the Strait of Hormuz on Azerbaijan's EconomyEvents surrounding the Strait of Hormuz affect Azerbaijan's economy through several key channels:## Oil and Gas Prices- Tensions in the strait (through which about **20–25% of global oi

The new episode of the program Aktual Gündəm ("Current Agenda") on Baku TV discussed the impact of the processes taking place around the Strait of Hormuz on Azerbaijan's economy.

Is the Hormuz crisis a risk or an opportunity for Azerbaijan's economy? How will Azerbaijan's position change if global energy competition intensifies? Will Azerbaijan be able to benefit if regional trade routes change? How will rising logistics costs affect import prices?

In the program, members of parliament Vugar Bayramov, Aydin Huseynov, chairman of the REAL party Natig Jafarli, and economist Allahverdi Aydin clarified these and other questions.