Oil prices climbed sharply on Wednesday even after the International Energy Agency announced the largest coordinated release of strategic oil reserves in its history, underscoring the scale of supply concerns stemming from escalating tensions in the Middle East. At the time of writing, WTI crude was trading at $93.96, up 7.69%, while Brent crude stood at $91.98, up 4.76% on the day. The price surge came as shipping disruptions in the Strait of Hormuz intensified fears of a prolonged supply shock, offsetting any downward pressure from the IEA’s…

La Casa Blanca no ha proporcionado una evaluación pública del costo. Trump afirmó el miércoles que "ganamos". El Congreso podría considerar pronto financiar la guerra contra Irán co...

There's a particular kind of dread that sets in when you're watching an official tweet get deleted in real time. On Tuesday, the Energy Secretary posted that the U.S. Navy had successfully escorted an oil tanker through the Strait of Hormuz. Markets moved on it...  Brent crude swung 17 percent in a single session, briefly crashing below $80.  The White House press secretary then clarified: no armed escort had actually taken place. The tweet disappeared. Brent recovered toward $90. And somewhere, a few hundred traders made a lot of money…

11 de marzo de 2026.-El Viceministerio de Asuntos Religiosos y Cultos (VARC) llevó a cabo un acto de reconocimiento a la mujer venezolana en el Salón Rojo del Ministerio del Poder Popular para Relaciones Interiores, Jus...

Less than a week ago, the head of the International Energy Agency said there was “plenty of oil” in the market, and there was no need for an emergency release. This week, Fatih Birol proposed an emergency release of hundreds of millions of barrels, the largest ever. Meanwhile, the U.S. oil and gas industry seems to be in a wait-and-see mode—and it’s hard to blame them. The launch of strikes by the United States and Israel on Iran prompted retaliation that resulted in something few expected would ever happen: the effective…

11 de marzo de 2026.-En su compromiso por conectar a los venezolanos más allá de la señal telefónica, Movilnet anuncia la transformación de sus Oficinas de Servicio y Atención al Cliente (OSAC). La empresa ha implementado mejoras integrales en sus espacios físicos, buscando brindar una experie...

The war in Iran is sending shockwaves through global energy markets that will be felt for years to come. The conflict is causing the single biggest oil supply disruption in history, as the closure of the Strait of Hormuz has caused a nine-day disruption of 20 percent of the world’s oil transports, more-than doubling the previous record set during the Suez crisis of 1956. But the war and its energy market impacts represent much more than just economic chaos – they are also the harbingers of serious and lasting human and environmental…

The world’s top crude oil and LNG importer, China, is not as exposed and vulnerable to energy deliveries from the Middle East as one might think. China has been amassing crude volumes in storage for months, it has been working for years to diversify oil and gas supply sources and routes, and has boosted the share of transport electrification, which has reduced demand for road transportation fuels. As the Middle East crisis choked off supplies via the world’s most critical oil and gas chokepoint, the Strait of Hormuz, China is more resilient…