Oil prices climbed by more than $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output cuts during a video conference expected to be held this week and as countries and U.S. states begin to reopen after coronavirus lockdowns.

• June 3, 2020

When OPEC, Russia and their allies agreed in April to slash oil production, little did they expect that their initiative to prop up collapsing prices would be helped by a swift drop in U.S. output.

• June 3, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

Despite the COVID-19 outbreak, Russia has made recently fresh efforts to push forward the phased approach solution in Nagorno Karabakh. This solution is based on the so-called “Madrid principles and six basic elements” first publicized by the Russian, US, and French Presidents’ July 2009 statement. However, the phased approach solution traces back to late 1997 when apparent push by OSCE Co-Chair states to reach an agreement resulted in the resignation of the first President of Armenia. After 6 years break, this logic again appeared to have dominated the settlement process since 2004. Six elements envisage the withdrawal of Nagorno Karabakh Republic’s forces from more than 50 percent of its territory, deployment of peacekeeping forces, and the final determination of Karabakh status by legally binding expression of will. READ MORE

• June 2, 2020

By Fuad Shahbazov, Baku-based independent regional security and defence analyst

On March 1, 2020, India outperformed Russia and Poland in a US$ 40 million defense deal with Armenia to supply it with four domestically made SWATHI counter-battery radars. The system is developed by India’s Defence Research and Development Organization (DRDO) and manufactured by Bharat Electronics Limited (BEL). It provides accurate information on enemy artillery firing positions weapons up to 75 kilometers away. The decision came amid India’s growing efforts to boost its national “Make in India” brand in the defense industry sector, which could make new inroads into European, Middle Eastern and Asian defense markets. However, the new Indian – Armenian defense deal could undermine Delhi’s relations with Russia on the one hand, and Azerbaijan, Turkey and Pakistan on the other. READ MORE

• June 2, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

The April 21, 2020 statements of Russian foreign Minister Lavrov brought back Nagorno Karabakh issue to the forefront of expert discussions. However, Russian foreign minister did not reveal something special or unexpected. He just reiterated what pundits following the conflict settlement process had already known. Since May 2018 negotiations have been based on a phased approach. It envisaged the return of some territories to Azerbaijan and indefinite postponement of the determination of the Nagorno Karabakh final status. READ MORE

• May 28, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

Relations with Iran have always been high on Armenia's foreign policy agenda. Given the closed borders with Azerbaijan and Georgia, Iran is one of only two gateways to the world for Armenia. Friendly relations with this neighboring Muslim state play a significant role in Armenian efforts to counter Azerbaijan in its attempts to depict the Karabakh conflict as a religious one and thus garner the Muslim world's support against Armenia. READ MORE

• May 19, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

Despite the worldwide standstill brought by the COVID–19 pandemic, conflict resolutions remain among the key priorities of the international community. This is true for the Nagorno Karabakh conflict too. Without going deep into history it’s worthy to recall the key milestones of the conflict. The Nagorno Karabakh Autonomous Region declared its intention to leave Soviet Azerbaijan and join Soviet Armenia in February 1988. In the final days of the Soviet Union, Nagorno Karabakh organized a referendum and declared its independence. Almost immediately Azerbaijan launched a military attack against Nagorno Karabakh seeking to crash the newly established republic. READ MORE

• May 12, 2020

By Benyamin Poghosyan, PhD, Chairman, Center for Political and Economic Strategic Studies

As the world mobilizes to combat the COVID - 19 it sometimes appears that the pandemic has stopped geopolitics. Many urgent topics of international relations have been put aside. However, sooner or later the world will return to normality, and the old problems will re-emerge. Coronavirus has not decreased US - China rivalry, to the contrary the Post COVID-19 world will likely be characterized by a growing confrontation between China and the US. Among the problems waiting their turn to re-emerge in the geopolitical landscape in the post-Soviet space is the Nagorno Karabakh conflict. READ MORE

• April 30, 2020