Azerbaijan's 2010s oil and gas boom funded a major military buildup and, combined with the strategic Turkish alliance that trained and in some cases commanded its forces, shifted the balance of power away from Yerevan, enabling Azerbaijan's rapid victory in the 2020 Second Karabakh War.

causalpending

Speaker

Jeff Mankoff

Evidence Quote

A lot of that money gets funneled into building up the military and so the balance of power between Yeravan and Baku shifts

Source

Armenia, Azerbaijan, and Geopolitics in the South CaucasusCenter for Strategic & International Studies
Created: 6/18/2026, 2:32:38 PM

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