Russian sanctions may have serious consequences for Armenia's agricultural sector, as alternative markets may not be found.
In 2025, trade between Armenia and Iran amounted to around $768 million, and in the first half of 2026, it approached $371 million.
The crisis regarding Armenian agricultural products' access to the Russian market is deepening, and there may also be developments related to the revision of gas prices from Russia in the near future.
In this context, Iran is becoming an important trade partner for Armenia, but new US sanctions could create double risks.
