Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Armenian soldiers killed in clashes with Azeri troops near Karabakh

Published 03/19/2015, 10:38 AM
Updated 03/19/2015, 10:40 AM
Armenian soldiers killed in clashes with Azeri troops near Karabakh

YEREVAN/BAKU (Reuters) - At least three Armenian soldiers were killed and four wounded in clashes with troops from Azerbaijan on Thursday near the breakaway Nagorno-Karabakh region, but the two sides gave conflicting death tolls and disputed who was to blame.

Nagorno-Karabakh lies inside Azerbaijan but is controlled by its majority ethnic Armenians and is a regular point of friction between the two neighbors, who fought a war over it in the early 1990s.

Renewed violence this year along the border area has underlined the risk of a wider conflict breaking out in the South Caucasus, which is crossed by oil and gas pipelines.

The separatist region's defense ministry said in a statement that three Armenian soldiers had died after Azeri commandos attacked their position. "The Armenian side forced the enemy to escape after a two hour clash," the statement said.

Azerbaijan's Defense Ministry accused separatists of triggering the confrontation and said 20 Armenian soldiers had been killed or wounded.

Fighting over Nagorno-Karabakh erupted in 1991 as the Soviet Union broke up, with some 30,000 people dying in the war before a ceasefire was called in 1994. Attempts at securing a lasting peace settlement have failed, despite mediation led by France, Russia and the United States.

Nagorno-Karabakh has run its own affairs with heavy military and financial backing from Armenia since 1994. Armenian-backed forces also hold seven Azeri districts surrounding the region.

Oil-producing Azerbaijan, host to global majors including BP (LONDON:BP), Chevron (NYSE:CVX) and ExxonMobil, frequently threatens to take the mountain region back by force, and is spending heavily on its armed forces.

Armenia, an ally of Russia, says it would not stand by if Nagorno-Karabakh were attacked.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.