For decades, Armenia believed that aligning itself with post-Soviet Russia would help solve its chronic energy and security issues. Recent history—especially following Moscow’s invasion of Ukraine—has shown the limits of Russian cooperation. While Iran has unusually good ties with Armenia, Tehran has precious little of anything to offer anyone at this time.

So where does this place Yerevan? Sandwiched between two enemies to the East and West, and facing decaying regional powers to the North and South, Armenias last, best and only hope is to either completely capitulation to the whims of an energy-rich Azerbaijan or… throw a Hail Mary pass to the Americans. It would still involving selling out completely to an outside power, but for the Armenians that will not be anything new.

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