Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...
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Europe’s diesel supplies will remain ‘tight’ as Russia embargo looms

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Europe
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Diesel supplies in Europe will remain tight as the continent seeks to reduce its reliance on Russian imports, Rystad Energy said in a research note on Saturday. Europe is in a race for more diesel supplies before the EU ban on imports of petroleum products from Russia, its largest supplier, comes into effect on February 5. Faced with limited options, European dealers have increased their imports of Russian diesel before the embargo. “The EU is stuck between stone and stone when it comes to diesel. place,” said Mukesh Sahdev, senior vice president at Rystad Energy. "There doesn't seem to be enough to meet current or future needs.

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Also read :Europe’s diesel supplies will remain ‘tight’ as Russia embargo looms

After falling to a low of 450,000 bpd in September, European diesel imports from Russia have risen to an average of 600,000 bpd over the past two months, data from Rystad Energy showed. Meanwhile, imports from other markets like the Middle East and Asia doubled in October to 1.2 million bpd from January, the Norway-based consultancy said.

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