EU Trade Boost: The European Parliament approved two-year temporary tariff relief for Armenian-made goods, suspending import duties on a wide range of products and covering about 80% of Armenia’s exports to the EU, with safeguards for EU producers. Gas Shock: Gazprom Armenia says Russian natural gas supplies to Armenia will be temporarily suspended from Sept. 15–25 for maintenance, while Armenia is told it can rely on domestic reserves and additional Iranian volumes. Central Bank Warning: Central Bank chief Martin Galstyan warned that any rise in Russian gas prices could trigger an “apocalyptic” inflation and slowdown scenario, pushing policy beyond the usual playbook. Fuel Costs Hit Consumers: Gasoline in Armenia reportedly reached a record 600 drams/liter; the Central Bank links the jump to global oil price swings tied to reduced tanker traffic through the Strait of Hormuz. Armenia-EU Market Access: The EU’s duty-free measures also include duty-free import quotas for eight agricultural product types, responding to Russia’s earlier restrictions on Armenian exports. Brand Win in China: Jermuk Group regained its Jermuk trademark rights in China, clearing the way for the mineral water brand’s return to the market. Energy & Industry Context: Armenia’s gold exports and petroleum product imports both fell sharply in H1 2026, reflecting ongoing trade and supply-chain pressure. Nuclear Talks: Armenia and the IAEA discussed extending Metsamor’s second unit and choosing a new nuclear plant model. Regional Transport Plans: Azerbaijan says major road and rail links to the Armenian border will be largely finished by mid-2027, while TRIPP works through Armenia are set to start in early 2027.