Top EU officials said Friday that oil and gas prices are expected to remain elevated through at least the end of 2027, with the fallout from the Iran war likely to keep pressure on inflation and economic growth. Speaking after a meeting of eurozone finance ministers in Cyprus on Friday, EU Economy Commissioner Valdis Dombrovskis said higher energy costs are now expected to drive inflation to 3.1% this year and 2.4% in 2027—well above the bloc’s earlier forecast of 1.9% for this year. The concern is no longer just fuel prices themselves.…

Pakistan is encouraging oil producers from the Persian Gulf to set up crude reserve buffers at a planned Energy City near one of its ports, The Express Tribune reported on Friday. "In case of emergencies like the breakout of war, Pakistan will have the first right to utilise the oil reserves," a Pakistani official told the publication. Pakistan, which doesn't have crude reserves at present to act as a buffer in case of emergencies, has been reeling from the Middle East crisis and negotiating with Iran to secure the passage of cargoes through the…

El debate sobre la idoneidad técnica y moral en el Poder Judicial cobra fuerza en los espacios de opinión pública nacional. En este sentido, el parlamentario de la Asamblea Nacional (AN), Ángel Tortolero, desglosó las virtudes indispensables que deben caracterizar a las autoridades judiciales ...

El periodista internacional José Manzaneda señaló este jueves en declaraciones a RT que las acusaciones de Estados Unidos contra el expresidente de Cuba, R...

El vicepresidente Sectorial de Economía, Calixto Ortega, informó durante su participación en la Expo Fedeindustria «Visión global 2026», celebrada en el Hotel Eurobuilding de Caracas, que la producción de petróleo ha mostrado una recuperación desde los niveles registrados en enero....

Shortly after the outbreak of the war with the United States and Israel, Iran took control of the Strait of Hormuz, a key artery for global oil and gas supplies. By threatening and attacking international shipping, Iran brought maritime traffic to a virtual standstill, giving it significant leverage over its neighbors in the Persian Gulf and the global economy. Now, the Islamic Republic is formalizing its dominance over the strategic chokepoint by imposing a new transit regime. That is despite repeated warnings from the United States, which has…

El viceministro de Hospitales, Mauricio Vega, encabezó la delegación venezolana en la 79.ª Asamblea Mundial de la Salud (AMS79), celebrada en Ginebra, Suiza, donde denunció los efectos de las medidas coercitivas unilaterales sobre el sistema sanitario del país y sus implicaciones en el ac...

El grupo de ataque del portaviones USS Nimitz llegó el miércoles al sur del Caribe, el mismo día que el Departamento de Justicia de Estados Unidos hizo públicos los cargos de asesinato contra el expresidente cubano Raúl Castro, de 94 años. El acta de imputación señala que Castro ordenó en 1996...

CARACAS — Luis Britto García y Elías Jaua Milano presentaron una radiografía forense sobre la actual situación de vulnerabilidad y opacidad que atraviesa la República Bolivariana de Venezuela, tras la agresión militar perpetrada de forma directa por el imperialismo de lo...

La presidenta encargada, Delcy Rodríguez, afirmó que ningún sector del país ha estado exento de los efectos del extremismo, el odio y la intolerancia, vinculando estas posturas con las solicitudes de invasión, bloqueos y sanciones económicas que ha realizado la oposición. Rodríguez ...

China's fuel exports will rise only slightly in June from May as government restrictions on shipments largely remain in place to preserve supply for the domestic market amid the biggest oil disruption in history. China is expected to export about 550,000 metric tons of fuels next month, up from around 500,000 tons set to be shipped this month, trade sources with knowledge of the plans told Reuters on Friday. Days after the conflict in the Middle East erupted and led to the closure of the Strait of Hormuz, the Chinese government moved to ban all…

China's fuel exports will rise only slightly in June from May as government restrictions on shipments largely remain in place to preserve supply for the domestic market amid the biggest oil disruption in history. China is expected to export about 550,000 metric tons of fuels next month, up from around 500,000 tons set to be shipped this month, trade sources with knowledge of the plans told Reuters on Friday. Days after the conflict in the Middle East erupted and led to the closure of the Strait of Hormuz, the Chinese government moved to ban all…

En horas de la mañana, se prevé cielo con nubosidad fragmentada en gran parte del país; asimismo, habrá mantos nubosos acompañados de precipitaciones de intensidad variable en áreas de la Guayana Esequiba, Delta Amacuro, Bolívar, Amazonas, Llanos Centrales y Occidentales; igualmente, precipita...

Según el más reciente Monitor País Hinterlaces, 63% de los consultados considera que a Venezuela le conviene esperar dos años para consolidar un mayor crecimiento económico y social, mientras 31% prefiere convocar elecciones presidenciales este año. El dato refleja una percepc...

22-05-26.-Una emisora de radio local del sureste de Inglaterra presentó el miércoles 20 de mayo sus disculpas al rey Carlos III y a sus oyentes por haber anunciado por error la muerte del soberano, atribuyéndolo a un fallo informático. El director de la emisora Radio Caroline, Peter Moore, escrib...

July WTI crude oil delivered a volatile week as traders aggressively repriced geopolitical risk and then rapidly removed part of that premium on hopes of a diplomatic breakthrough between the United States and Iran. Through Thursday, May 21, July WTI posted a high of $105.21, a low of $95.76, and settled at $97.77, up $3.39, or 3.35%, for the week. The price action told a much bigger story than the weekly gain itself. Crude spent the early part of the week climbing sharply as traders focused on supply disruptions tied to Iran and the continuing…

Politics, Geopolitics & Conflict The biggest (and only, really) takeaway from the Trump-Xi meeting is that, as we mentioned last week and the week prior, this is all about Taiwan. All eyes are now on the $14-billion Taiwan arms package that Trump suddenly appears willing to drag his feet on, raising immediate questions about how far Washington is prepared to bend. Trump’s refusal to immediately approve the already Congress-cleared package, combined with his repeated emphasis on having an “amazing” meeting with Xi, is creating…

All the Hormuz chaos is giving Egypt another chance to become a gas hub. In the immediate term, Egypt is taking a hit, but the conflict is strengthening Cairo’s long-term East-Med gas position.  Right now, the Iran conflict means that Egypt has an immediate supply problem. Israeli gas exports to Egypt were disrupted after the conflict escalated, removing roughly 1.1 billion cubic feet per day from the Egyptian market. And domestic output was already under pressure amid rising electricity demand. Cairo has been forced to increase LNG…

A supertanker carrying 2 million barrels of Saudi crude is set to arrive in Japan early next week after clearing the Strait of Hormuz in late April, in the first shipment of Middle East crude to Japan via the chokepoint since the Iran war began on February 28. The very large crude carrier (VLCC) Idemitsu Maru, which had departed from Saudi Arabia’s Ras Tanura port in the Persian Gulf in mid-March, is expected to arrive in Nagoya on May 25, data on MarineTraffic showed. As of early Friday, the supertanker was close to the coasts of Japan.…

22-05-26.-La cuenta oficial de la Casa Blanca difundió este miércoles una imagen en la que aparecen varios líderes internacionales señalados como “enemigos neutralizados” por Estados Unidos, entre ellos los expresidentes Nicolás Maduro y Raúl Castro. El cartel presenta a cuatro figuras con etique...