Economy
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News in Brief: New Steps Between Armenia and the US, Iran Intensifies Strikes, Historic Move in Oil Market
Lilit T.
Latest news summarized:
- Prime Minister Nikol Pashinyan, on a working visit to France, met with Emmanuel Macron and participated in the Nuclear Energy Summit in Paris. Today, he will travel to Strasbourg to address the European Parliament.
- Pashinyan and Macron discussed the agenda of Armenia–France bilateral relations and issues related to strengthening peace and stability in the region.
- They also explored further development prospects for Armenia–European Union cooperation.
- Foreign Minister Ararat Mirzoyan met with US Deputy Secretary of State Thomas Dinnison to discuss deepening Armenian-American strategic partnership and the peaceful use of nuclear energy agreement.
- Mirzoyan discussed the development of Armenia–France strategic partnership and collaboration in the fields of energy and infrastructure with the French Foreign Minister.
- Minister of Territorial Administration and Infrastructure Davit Khudatyan discussed possibilities for energy cooperation between Armenia and Turkey with the Turkish Energy Minister.
- The Civil Contract party's board meeting addressed matters related to the new constitution draft of Armenia.
- Political analyst Armen Petrosyan noted that the war surrounding Iran could end either through the realization of strategic objectives or through the depletion of resources by the parties involved.
- Experts estimate that the conflict surrounding Iran could conclude before March 21-23, ahead of Nowruz.
- Senate Majority Leader John Thune stated that the US spends about $900 million daily on military operations against Iran.
- The Islamic Revolutionary Guard Corps of Iran has announced that the 37th wave of the "True Promise 4" operation was the most intense, targeting American and Israeli positions.
- According to the NYT, Iran's new leader Mojtaba Khamenei was injured at the start of the war, sustaining leg injuries.
- Qatar has stated it does not intend to mediate for Iran, emphasizing that the country has been subjected to attacks from Tehran.
- The head of the International Atomic Energy Agency, Rafael Grossi, reported that Iran's nuclear capacity has decreased following the strikes but has not been completely eliminated.
- The International Energy Agency has proposed the largest release of oil reserves in history to stabilize the market.
- US Special Envoy Steve Biegun announced that the trilateral meeting between the US, Russia, and Ukraine has been postponed until next week.
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