The Armenian banking sector is booming thanks to the influx of Russian capital due to the war in Ukraine. But only a paltry amount is entering the Armenian economy.
The embassy's chief of security was shot dead, and two other staff were wounded. The attack comes amid Azerbaijan's increasingly strained relations with Iran and blossoming friendship with Iran's archrival Israel.
Kyiv has long taken a pro-Azerbaijan position vis-a-vis the conflict with Armenia. Now officials say that Armenia and Russia are using the blockade to try to steal attention from Ukraine.