Oil prices spiked 13% after Israel launched a series of strikes against Iran. This raised fears of a major war in the region, which accounts for a third of the world's crude oil production, Bloomberg reported.
Brent surpassed 78 dollars per barrel. The jump was the biggest intraday rise since March 2022 after Russia invaded Ukraine. Prices then retreated to $75.
Gold rose as investors rushed into safe havens, rising 1.4 percent to $3,500 an ounce, close to a record.
Ineco Group enters the EU banking market with the acquisition of a majority stake in Slovenia’s LON Bank
Azerbaijan exports goods worth $17.6M to Armenia in 8 months
Further tension in relations with Russia will create restrictions in terms of consumption markets, Armenia Central Bank chief says
Armenia Central Bank chief: We have discussed scenario of possible increase in gas prices
European Commission has not implemented most of initiatives announced by its president von der Leyen
Central Bank: 12-month core inflation in Armenia amounted to 4.8% in third quarter of 2026
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