The UK risks finding itself on the brink of recession as a result of the Iran war, a leading economics think tank has warned, as the potential damage to Rachel Reeves’ fiscal headroom and the threat of interest rates hikes has been laid bare in a new report.  In what will come as dire reading for Rachel Reeves’ team in the Treasury, the National Institute of Economic and Social Research (Niesr) has said the UK economy will suffer a hit to growth amounting to at least 0.5 percentage points this year due to the Iran war.  The…

In an earnings season highlighted by a Middle East conflict that has sent oil prices soaring, Texas oil refiner Phillips 66 (NYSE:PSX) has reported first quarter adjusted earnings of $0.49 per share, easily beating Wall Street's consensus of a loss of $0.39 while net income came in at $207 million thanks to higher refining margins amid the big oil price rally. The giant refiner reported that it has formally increased its Sweeny NGL fractionation capacity by 23% and its Freeport LPG export dock capacity by 15% mainly through debottlenecking projects…

In an earnings season highlighted by a Middle East conflict that has sent oil prices soaring, Texas oil refiner Phillips 66 (NYSE:PSX) has reported first quarter adjusted earnings of $0.49 per share, easily beating Wall Street's consensus of a loss of $0.39 while net income came in at $207 million thanks to higher refining margins amid the big oil price rally. The giant refiner reported that it has formally increased its Sweeny NGL fractionation capacity by 23% and its Freeport LPG export dock capacity by 15% mainly through debottlenecking projects…

Datos emitidos por Bolivariana de Puertos S.A. (Bolipuertos) indican que Venezuela exportó más de 170 toneladas de productos del mar hacia mercados internacionales a través del Puerto Internacional El Guamache, en el estado Nueva Esparta. De igual forma, la institución indicó q...

Crude oil inventories in the United States decreased by 6.2 million barrels during the week ending April 24, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 459.5 million barrels according to government data, which is still 1% above the five-year average for this time of year, despite a flurry of weekly losses. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories saw a draw…

After quitting OPEC and OPEC+, the United Arab Emirates (UAE) is set to grow its oil production faster when the current Hormuz crisis is over, according to analysts at Barclays. In a surprise announcement on Tuesday, the UAE said it is quitting OPEC and the wider OPEC+ alliance effective May 1, to pursue its national interests. For years, the UAE has been working to boost its crude oil production capacity to 5 million barrels per day (bpd) by 2027, and has frequently clashed with its fellow OPEC and OPEC+ producers over quotas. The UAE has insisted…

After quitting OPEC and OPEC+, the United Arab Emirates (UAE) is set to grow its oil production faster when the current Hormuz crisis is over, according to analysts at Barclays. In a surprise announcement on Tuesday, the UAE said it is quitting OPEC and the wider OPEC+ alliance effective May 1, to pursue its national interests. For years, the UAE has been working to boost its crude oil production capacity to 5 million barrels per day (bpd) by 2027, and has frequently clashed with its fellow OPEC and OPEC+ producers over quotas. The UAE has insisted…

As its cease-fire with Iran falters, the United States is significantly expanding its military capabilities in the Middle East, giving Washington the option of escalating the two-month-long conflict.The US military deployed a third aircraft carrier strike group with thousands of elite troops to the region on April 24, marking the largest buildup since the invasion of Iraq in 2003.In force since April 8, the truce paused a costly war that has rattled international energy markets and upended the global economy. But Washington and Tehran have accused…

El Senado de EE.UU., controlado por los republicanos, bloqueó este martes una resolución impulsada por los demócratas que pretendía impedir al presidente Donald Trump emprender acciones militares contra Cuba sin la aprobación del Congreso. Los legisladores emitieron 51 votos a favor...

En el marco de la peregrinación nacional por una Venezuela libre de sanciones, el vicepresidente sectorial de Política, Seguridad Ciudadana y Paz, Diosdado Cabello, encabezó un masivo encuentro con productores y movimientos sociales en el estado Apure. Durante el acto, se refirió al fenómeno m...

El ministro del Poder Popular para Relaciones Exteriores, Yván Gil, en nombre del Gobierno de la República Bolivariana de Venezuela, acompañó este martes 28 de abril la celebración del 30o aniversario de la Declaración de la Asociación Estratégica entre la República Popular China y la Fed...

The new energy crisis triggered by the Middle East conflict could hurt European consumers and industries for years, European Commission President Ursula von der Leyen said on Wednesday. "Our shared goal is now to see a lasting end to the war," von der Leyen told the European Parliament in a speech today. "But there is also a harsh reality we all need to face: the consequences of this conflict may echo for months or even years to come. This is why energy was on top of the informal EUCO's agenda," the Commission President added. The crisis caused…

La Comisión Económica para América Latina y el Caribe (Cepal) proyecta que las economías de América Latina y el Caribe crecerán un 2,2 % en 2026, entre ellas la de Venezuela con un 6,5 %, tras una expansión de 8,9% en 2025. ‎De acuerdo con la Cepal, Venezuela se ubica entre las ...

Este martes 28 de abril en Caracas, la presidenta encargada de Venezuela, Delcy Rodríguez, y el director ejecutivo de la compañía petrolera italiana ENI, Claudio Descalzi, firmaron un acuerdo, para relanzar la producción de petróleo en el campo Junín-5 y fortalecer la producción.

Este miércoles, en horas de la mañana, predominará nubosidad fragmentada y zonas parcialmente nubladas en gran parte del territorio nacional.

El encargado de negocios de Estados Unidos para Venezuela, John Barrett, ofreció este martes un balance positivo de su gestión tras cinco días en el país. A través de sus redes sociales, el diplomático dio a conocer los avances bilaterales alcanzados. "Agradezco a los caraqueño...

29-04-26.-Osmeilys tenía dos días de haber dado a luz cuando, junto a su esposo, su recién nacido y su hijo de 10 años, decidieron no regresar a su hogar después de que un vecino tomara y les enviara videos en los que se veía a agentes de ICE arrestar a varias personas en su edificio como parte de u...

The U.S. continues to seek to pile pressure on Iran with the naval blockade outside the Strait of Hormuz as the Trump Administration signals the blockade is yielding results and will not be lifted anytime soon. “While the surviving IRGC Leaders are trapped like drowning rats in a sewage pipe, Iran’s creaking oil industry is starting to shut in production thanks to the U.S. BLOCKADE,” U.S. Treasury Secretary Scott Bessent said in a post on X on Tuesday. “Pumping will soon collapse. GASOLINE SHORTAGES IN IRAN NEXT!,”…

29-04-26..-España invitará a la presidenta encargada de Venezuela, Delcy Rodríguez, a la Cumbre Iberoamericana que se celebrará en Madrid el 4 y el 5 de noviembre, informó este martes el ministro de Asuntos Exteriores español, José Manuel Albares, durante una visita oficial a República Dominicana. ...

29-04-26.-La organización no gubernamental Programa Venezolano de Educación-Acción en Derechos Humanos (Provea) reiteró su llamado a establecer una ruta electoral clara en Venezuela, que contemple la renovación del Consejo Nacional Electoral (CNE), así como la realización de elecciones presidenciale...