Oil prices slip further as markets await clarity on Iran ceasefire deal
Oil prices edged lower on Tuesday (16 June) as traders assessed the possibility of oil supplies returning through the Strait of Hormuz following a pre...
Armenia seeks to develop new Constitution before the 2026 parliamentary elections which as many believe is linked to one of Azerbaijan’s requirements for a lasting peace agreement between the two countries.
On Tuesday, Armenian Minister of Justice Srbuhi Galyan has called for the development of a new constitution, with involvement of the civil society.
"As I have repeatedly stated, our goal is to have the text of a new constitution ready before the elections. Our efforts should be directed towards this goal," Armenpress reported referring to the minister speaking at the press conference.
The Council on Constitutional Reforms was formed in 2022 with the aim of proposing amendments to Armenia’s current constitution. An executive order signed by Pashinyan and publicized on May 24 changed the council’s mandate, saying that it must draft a “new constitution” from scratch.
She noted that legislative changes were not related to Azerbaijan’s demands as “the Constitution doesn’t contain any obstacles for the peace process” referring to necessity of changes raised after the 2018 revolution.
At the same time, Armenian Prime Minister Nikol Pashinyan said that Armenia needed a new constitution reflecting the “new geopolitical environment” in the region.
Recently speaking about obstacles to peace deal, Azerbaijan’s President Ilham Aliyev said: “The Armenian Constitution contains a reference to the Declaration of Independence, which, in turn, includes territorial claims against Azerbaijan and declares the former Nagorno-Karabakh Autonomous Region as part of Armenia. Therefore, changing the Constitution is not a whim of ours but an objective necessity.”
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Oil prices edged lower on Tuesday (16 June) as traders assessed the possibility of oil supplies returning through the Strait of Hormuz following a preliminary agreement aimed at ending the conflict involving Iran.
In an historic milestone for South Caucasus diplomacy, Hikmat Hajiyev, Assistant to the President of the Republic of Azerbaijan, conducted his first working visit to Armenia on 14 June for a high-level meeting with Armen Grigoryan, Secretary of the Security Council of the Republic of Armenia.
Iran has said that reaching an agreement with the U.S. to end the war does not mean Tehran will overlook what it describes as war crimes committed against Iranians by Israel and the United States.
The Trans-Caspian East-West International Transport Corridor, commonly known as the Middle Corridor, is a multimodal trade route linking China and the European Union via Central Asia, the Caspian Sea, the Caucasus and Türkiye.
The United Nations Security Council unanimously extended the United Nations Assistance Mission in Afghanistan (UNAMA) until 17 June 2027 in New York on Monday, preserving its humanitarian, rights and political work.
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