Azerbaijan has, for the first time, imported goods from Armenia. According to data from the State Customs Committee, in March of this year Azerbaijan imported $960 worth of goods from Armenia. Moreove...
Economy
Russia’s customs service has begun imposing higher import duties on goods entering from the EAEU if they were produced in so-called “unfriendly” countries, lawyers and business representatives told Fo...
The damage inflicted on Iran as a result of strikes by the United States and Israel has been estimated at $270 billion, government spokesperson Fatemeh Mohajerani told RIA Novosti. “Preliminary and ve...
The unified command of the Iranian armed forces says the ports in the Arabian Gulf and the Sea of Oman are “either for everyone or for no one”, Al Jazeera writes, citing state broadcaster IRIB. “The A...
Oil prices climbed above $100 a barrel on Monday as the US Navy prepared to block ships to and from Iran via the Strait of Hormuz, Reuters writes. Brent crude futures rose $6.96, or 7.3%, to $102.16 ...
The US military said it will begin a blockade of all maritime traffic entering and exiting Iranian ports and coastal areas on Monday, after weekend talks failed to reach a deal to end the war with Ir...
The European Bank for Reconstruction and Development (EBRD) will invest €5 billion in 2026 in the economies of countries most affected by the war in Iran, according to a statement from the London-base...
US President Donald Trump has announced that starting April 8, countries supplying weapons to Iran will be subject to a 50% tariff. The American leader shared the statement on Truth Social. “A Country...
Due to the severe contraction in fuel stocks, operational restrictions have been introduced at four strategic Italian air transport hubs: Milan Linate, Bologna, Venice and Treviso, Euronews writes. Ac...
Oil prices rose and shares fell after US President Donald Trump made a primetime televised speech about the Iran war on Wednesday, the BBC writes. The price of benchmark Brent crude was trading at abo...
The Eurasian Economic Union (EAEU) is seeking greater engagement from Armenia and Kyrgyzstan in cooperation with other member states, Russia’s Deputy Prime Minister Alexey Overchuk has said, accordin...
The US administration is studying the potential impact on the American economy if oil prices rise to as much as $200 per barrel. According to Bloomberg sources, modeling a scenario in which energy pri...
