World News

Armenia has formalised a strategic partnership with the United States, as Prime Minister Nikol Pashinyan prepares for parliamentary elections amid rising pro-Russia sentiment. The agreement, signed by US Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan, includes a framework for critical minerals and a transit corridor.

European gas prices fell sharply by approximately 20% following a ceasefire agreement involving the United States, Israel, and Iran. This development has raised expectations for lower energy costs, although delayed savings for consumers may persist due to existing fixed tariff contracts and requisite market adjustments.

The United States and Iran have reached a two-week ceasefire agreement, announced shortly before a military escalation deadline set by President Trump. The accord includes reopening the Strait of Hormuz, allowing tolls on transiting vessels, with further negotiations expected in Pakistan on Friday.

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