The oil market may soon run out of the supply and demand cushions that have kept prices from soaring to record highs during the huge loss of flows through the Strait of Hormuz. The window provided by the U.S.-Iran memorandum of understanding, during which Middle Eastern producers rushed the crude amassed in the Gulf in the previous four months out of the region, abruptly shut down with the renewed hostilities and all-but-dead ceasefire. Inventories of crude and fuels in key markets, including the United States, are running dangerously low with…

El Equipo Multidisciplinario del Agua ejecutó trabajos técnicos para garantizar el acceso al agua potable de manera continua y confiable a los habitantes del municipio San Fernando 16 de julio de 2026.– Para brindar atención de manera oportuna a las c...

Back in March, the 32-member countries of the International Energy Agency (IEA) agreed to a record release of 400 million barrels of oil and refined products from their emergency reserves after the Iran war disrupted global energy flows and triggered sharp oil price spikes. The United States did the heavy lifting, with the Trump administration authorizing the release of 172 million barrels from the U.S. Strategic Petroleum Reserve (SPR), comparable to the 180 million barrels that the Biden administration released during the energy crisis triggered…

El presidente Donald Trump recurrió el año pasado a Truth Social para compartir unas "noticias muy importantes y emocionantes". Nvidia, el gigante fabricante de chips informáticos, acababa de anunciar sus planes de construir supercomputadoras de inteligencia artificial en Estados Uni...

Tras la reunión general de seguridad, las autoridades regionales coordinan la asistencia social de los afectados por la contingencia nacional y fortalecer los 249 Cuadrantes de Paz

Global oil demand could decrease for the first time since 2020, following months of oil trade restrictions in the Middle East and ongoing geopolitical turmoil, the International Energy Agency (IEA) said on 10th July. This expectation is echoed in OPEC's most recent 2026 global oil demand growth forecast. The global demand for oil is expected to fall by around 1 million bpd year-on-year in 2026, which would be the first annual decline since that which was experienced during the Covid-19 pandemic in 2020, according to a recent IEA report. The IEA…

Chevron is taking another step toward expanding its footprint in Iraq, and is set to sign two memoranda of understanding on Friday that will move the U.S. supermajor closer to developing the giant West Qurna 2 oilfield and the Nassiriya project. The agreements aren't binding, but they push negotiations forward on what could become one of Chevron's biggest upstream investments in years. West Qurna 2 is no small prize. The southern Iraqi field currently produces about 460,000 barrels per day after Iraq nationalized the asset earlier this year following…

La presidenta de México, Claudia Sheinbaum, señaló que los dichos de Terry Cole, el jefe de la DEA —quien aseguró que existe un supuesto lazo entre los grupos criminales y las autoridades mexicanas—, son declaraciones "desafortunadas", "sin sustento" y con tinte...

Yemen's Houthi Rebels are threatening to make the global energy crisis worse at the same time that the nation's own energy security is in dire straits. After four years of an unofficial truce and precarious peacetime, Yemen has once again erupted into conflict this week. And this escalating tension comes on the heels of months of threats on the part of the Houthi rebels to fight alongside Iran, potentially making the region's waterways ever more impassable for the global oil trade. Less than half of Yemen's population has access to electricity,…

Con solo 10 años, Sebastián Corro se sumó de manera voluntaria al despliegue de miles de rescatistas que estuvieron en la zona norte del país tras los terremotos del pasado 24 de junio y salvó a dos mascotas, convirtiéndose así en un "topito", como lo bautizaron los brigadistas mexic...

Este jueves, 16 de julio, se confirmó el hallazgo sin vida de los gemelos Matías y Mateo Peña, quienes permanecían desaparecidos desde los sismos del 24 de junio. La información fue dada a conocer por el periodista de sucesos, Román Camacho, en sus redes sociales. Al mome...

The oil and gas industry is shifting its capital investments toward Southeast Asia and Latin America due to prolonged shipping disruptions in the Strait of Hormuz, Eni S.p.A (NYSE:E) CEO Claudio Descalzi has revealed. Speaking to a parliamentary committee on Thursday, the leader of Italy’s Oil & Gas major says that geopolitics in the Middle East will remain a permanent risk even after peace is established, emphasizing that major producers like Russia and the Gulf nations are likely to face long-term supply constraints, fundamentally reshaping…

El economista Luis Vicente León sostuvo que el fuerte movimiento del tipo de cambio en la primera quincena de julio refleja un proceso de corrección en el mercado, pero advirtió que esa dinámica solo será sostenible si el Gobierno mantiene una estricta disciplina fiscal. Entre el 1 ...

The government has brought British Steel under state ownership after the steelmaker’s nationalisation passed a public interest test. The Prime Minister said the move “secured the future of British steelmaking”, and follows the introduction of fresh legislation that made it easier for ministers to forcefully nationalise steel companies. Scunthorpe-based British Steel has appointed a revamped leadership team that will focus on “stabilising the business and developing a commercially sustainable” future, the business department…

The European Union has unveiled the Electrification Action Plan, aiming for electricity to account for 46% of total energy consumption within the bloc by 2040, effectively doubling the current rate. Spearheaded by the European Commission, the aggressive policy shift is a direct economic and security response to the energy fallout amid the Middle East conflict. Currently, ~23% of the EU's final energy consumption is powered by electricity, a level that has plateaued for a decade. In effect, Europe now considers electrification no longer purely a…

The European Union has unveiled the Electrification Action Plan, aiming for electricity to account for 46% of total energy consumption within the bloc by 2040, effectively doubling the current rate. Spearheaded by the European Commission, the aggressive policy shift is a direct economic and security response to the energy fallout amid the Middle East conflict. Currently, ~23% of the EU's final energy consumption is powered by electricity, a level that has plateaued for a decade. In effect, Europe now considers electrification no longer purely a…

16 de julio de 2026.- El estrecho de Ormuz permanecerá cerrado mientras Estados Unidos no reconozca el marco jurídico establecido por Irán para regular esa vía marítima estratégica, afirmó hoy el portavoz militar iraní, Mohammad Akramini. Citado por la agencia oficial IRNA, Akramini aseguró que e...

For years, the world's swing oil producer has been Saudi Arabia. Need more crude? Riyadh opens the taps. Too much oil? Riyadh closes them. But while everyone has been watching who controls crude production, another swing producer has quietly been taking shape—one that deals in diesel, jet fuel, and gasoline instead of crude oil. It's India, and they’re taking charge. When Middle Eastern refineries were damaged during the Iran/US war, when Russian diesel exports collapsed under the weight of Ukrainian drone strikes, and when Europe found…

16 de julio de 2026.- El Gobierno de Brasil repudió enérgicamente la decisión de Estados Unidos de imponer aranceles del 25 por ciento a productos de origen brasileño, en una escalada de tensiones diplomáticas y comerciales de gran envergadura. Como respuesta inmediata a la medida de Washington, ...

United Arab Emirates’ Dana Gas has suspended operations at all main production facilities in the Khor Mor gas field due to credible security threats amid an increasingly volatile regional situation. The decision to close the facility was made in coordination with the Kurdistan Regional Government (KRG), Sulaymaniyah authorities, and the Iraqi federal government in a bid to safeguard personnel and infrastructure. The Khor Mor facility has previously faced repeated security challenges, including rocket and drone strikes from armed groups, resulting…