The global oil market reacted by increasing the price of "black gold" by 5.5% to $85/barrel, since Kazakhstan is a member of the OPEC+ agreement (its production in 2021 amounted to about 86 million tons of oil), a major supplier of oil to the world market ( exports for 2021 - 67.5 million tons).Unrest in Kazakhstan in the first ten days of January caused a temporary decrease in oil production at the largest Tengiz field (according to Reuters, da...
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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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