Srilanka, Oct. 18 -- Sri Lanka is exploring energy cooperation with Azerbaijan to diversify its fuel supply sources amid concerns over further price increases and potential disruptions to fuel and liquefied petroleum gas (LP Gas) imports. The discussions come as Brent crude oil prices have reportedly reached USD110 a barrel for the first time since May this year.

Azerbaijan, a major oil producer in the Caspian region, produces approximately 545,000 to 571,000 barrels of crude oil per day.

The potential cooperation comes amid uncertainty in global energy markets due to the ongoing crisis in the Middle East. Renewed hostilities in the Strait of Hormuz and reported Houthi attacks on Saudi Arabian oil infrastructure have heightened concern...