The European Union and Armenia have launched work on a new "ambitious partnership agenda". This was announced by EU High Representative for Foreign and Security Policy, Josep Borrell at the end of a meeting of the EU Armenia Partnership Council. Foreign Minister Ararat Mirzoyan led the Armenian side during the discussions. At the end of the meeting Borrell spoke to the media. Addressing Foreing Minister Mirzoyan, Borrell said: "In October in the European Parliament, your Prime Minister [Nikol Pashinyan] said that Armenia is ready to move closer to the European Union.  In response, last October, the European Council, at the highest political level of the European Union, tasked me and the [European] Commission to explore ways to strengthen our relations - EU-Armenia relations - “in all their dimensions”. In this context, today we decided to launch work on an ambitious new EU-Armenia Partnership Agenda.  This decision sends a strong signal of our mutual interest in a new strategic phase in our relations, and it will provide a clear roadmap and a vision for the way forward.This is about the future. The future starts today".

Armenia and Azerbaijan have reported incidents on their border in the last twenty four hours as a result of which there are several casualties, including four dead Armenian soldiers.. In the first incident, on Monday 12th February in the afternoon, Azerbaijan reported that one of its border guards, Parviz Khalizadeh, aged 24 years, was hit by a sniper bullet fired from an Armenian post in the Syunik region. Armenia said that it was investigating the incident. Later, Azerbaijan reported that Armenian forces, between 2050 and 2340 on Monday, had fired at its positions in the northern sector of the common border. No casualties were reported. The Armenian Ministry of Defence strongly denied the claim. This morning (Tuesday 13th), Azerbaijan reported that it had conducted a "retaliatory operation" against the Armenian military post from where the sniper bullet had been fired on Monday near the settlement of Nearkin Hand in the Siyunik region. Armenia confirmed that Azerbaijan had opened fire at 0530 as a result of which four Armenian soldiers were killed and and one more wounded. The four Armenian soldiers who died were named as Eduard Harutyunyan, Gagik Manukyan, Arsen Hambardzumyan, and Hrach Hovhanissian. Both sides held each other responsible for the incidents.

Reforming the constitution of any nation is inherently challenging, but in Armenia it has always proven particularly controversial, writes Onnik James Krekorian in this op-ed for commonspace.eu "Speaking at the Ministry of Justice in January, Pashinyan not only emphasised the necessity of constitutional reform but even argued for a comprehensive overhaul rather than piecemeal amendments. The purpose, he said, in addition to possibly switching from majority to minority governmental system, was to make Armenia “more competitive and viable” in a new “geopolitical and regional situation.” The opposition instinctively interpreted those words as referring to his administration’s attempts to normalise relations with Azerbaijan. At the heart of these claims is a belief that the preamble in the current constitution referring to the 1990 Declaration of Independence, itself based on the 1989 decision on the “Reunification of the Armenian SSR and the Mountainous Region of Karabakh,” could be removed. The opposition claims that doing so would only be at the behest of Baku. Armenian Foreign Minister Ararat Mirzoyan has not categorically denied the claim but does confirm that Azerbaijan continues to raise this issue in negotiations, interpreting the preamble as indisputable claims on its territory."

Oil prices were little changed on Friday, staying on track for weekly gains, but the markets remained jittery with tensions persisting in the Middle East after Israel rejected a ceasefire offer from Hamas, according to Reuters. Brent crude futures slipped 1 cent to $81.62 a barrel by 6:34 a.m. Saudi time, while US West Texas Intermediate crude futures rose 3 cents to $76.25 a barrel. Both benchmarks rose about 3 percent in the previous session as Israeli forces bombed the southern border city of Rafah on Thursday after Prime Minister Benjamin Netanyahu rejected a proposal to end the war in the Palestinian enclave. The tensions have kept oil prices elevated, with Brent and WTI both set to gain more than 5 percent for the week. “The move yesterday seemed a bit excessive on the back of not very much at least in terms of fundamentals,” ING’s head of commodities research Warren Patterson said. “I still expect the rangebound trading that we have become accustomed to recently will continue given the comfortable oil balance.” US officials made their most pointed criticism so far of Israel’s civilian casualties in Gaza as it turned the focus of its offensive to Rafah. A Hamas delegation arrived in Cairo on Thursday for ceasefire talks with mediators Egypt and Qatar. While the conflict has propped up prices, there has been no impact on oil production. Non-Organization of the Petroleum Exporting Countries output from Norway and Guyana is increasing while Russia is exporting more crude in February than it planned following a combination of drone attacks and technical outages at its refineries that could undermine its pledge to curb sales under a pact from OPEC and its allies, known as OPEC+ Under the deal, Russia committed to capping crude output at 9.5 million barrels per day. It is also voluntarily cutting crude exports by 300,000 bpd and fuel exports by 200,000 bpd from the average May-June level.