“The situation, which we are now witnessing, apparently has no precedent in the history of the market. There is a combination of a massive “overhang” of supply (oil) and a significant shock on the demand side at the same time,” Fatih Birol, executive director of the International Energy Agency, said, quoted by Bloomberg.Recall that at the end of last week, OPEC + countries at a meeting in Vienna failed to reach an agreement on an additional reduc...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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