Iran could close the major oil shipping route known as the Strait of Hormuz if necessary, the commander of Iran's Revolution Guard's navy said on Tuesday. But for now, it will keep it open, he added. The warning came following Israel's presence in the United Arab Emirates, which Alirez Tangsiri says he sees as a threat, and Israel's airstrikes on Iran's consulate in Syria earlier this month. "We do not get hit without striking back, but we are also not hasty in our retaliation," Tangsiri said. Iran's historical relationship with the strategic waterway,…

Iran could close the major oil shipping route known as the Strait of Hormuz if necessary, the commander of Iran's Revolution Guard's navy said on Tuesday. But for now, it will keep it open, he added. The warning came following Israel's presence in the United Arab Emirates, which Alirez Tangsiri says he sees as a threat, and Israel's airstrikes on Iran's consulate in Syria earlier this month. "We do not get hit without striking back, but we are also not hasty in our retaliation," Tangsiri said. Iran's historical relationship with the strategic waterway,…

The European Union and United States are incentivizing Armenia to maintain its westward geopolitical shift. The growing EU-US role in supporting the country’s reform efforts is drawing a predictably hostile reaction from Russia and Azerbaijan. A meeting April 5 in Brussels involving Armenian Prime Minister Nikol Pashinyan, European Commission President Ursula von Der Leyen, EU Vice President Josep Borrell and US Secretary of State Antony Blinken yielded a significant assistance windfall for Armenia. The EU pledged 270 million euros (about…

9 de abril de 2024.- La delegación de diálogo del Ejército de Liberación Nacional (ELN) con el Gobierno de Colombia informó, a través de un comunicado difundido por la prensa, que suspendía el inicio del séptimo ciclo de conversaciones en Venezuela, pero llamaba a una "reunión extraordinaria" en Car...

Caracas, 9 de abril de 2024.- El presidente de la Asociación por la Paz y Solidaridad Internacional (GeFis), con sede en Alemania, Carsten Hanke, advirtió que las medidas cohercitivas estadounidenses a Venezuela forman parte de una guerra no declarada y con estas acciones EE.UU estaría llevand...

Big Oil is trumping the Magnificent Seven on the stock market this year in an oil stocks rally that few had expected a few months ago.   Energy stocks have outperformed the top tech stocks this year as the market has grown more bullish on oil and crude prices rallied at the end of the first quarter and at the start of the second quarter. How long and how high the so-far quiet rally will go will depend on the oil price trajectory this year.   In recent weeks, analysts have started to raise earnings projections for Big Oil's performance…

9 de abril de 2024.- Cuba conmemora hoy el aniversario 66 de la Huelga General revolucionaria, acción dirigida a paralizar la nación caribeña y desatar un movimiento de masas que derrocara la dictadura de Fulgencio Batista (1952-1958). Convocada por el Movimiento 26 de julio y protagonizada en su...

China’s seaborne coal imports jumped by 17% in the first quarter compared to the same period of 2023, despite earlier expectations that overall coal imports this year would be largely flat versus last year. Imports of all varieties of coal by sea into China stood at 97.43 million metric tons between January and March 2024, an increase of 16.9% from the 83.36 million tons imported in the same quarter last year, data compiled by commodity analysts Kpler and cited by Reuters columnist Clyde Russell showed on Tuesday.   The estimated…

China’s seaborne coal imports jumped by 17% in the first quarter compared to the same period of 2023, despite earlier expectations that overall coal imports this year would be largely flat versus last year. Imports of all varieties of coal by sea into China stood at 97.43 million metric tons between January and March 2024, an increase of 16.9% from the 83.36 million tons imported in the same quarter last year, data compiled by commodity analysts Kpler and cited by Reuters columnist Clyde Russell showed on Tuesday.   The estimated…

China’s seaborne coal imports jumped by 17% in the first quarter compared to the same period of 2023, despite earlier expectations that overall coal imports this year would be largely flat versus last year. Imports of all varieties of coal by sea into China stood at 97.43 million metric tons between January and March 2024, an increase of 16.9% from the 83.36 million tons imported in the same quarter last year, data compiled by commodity analysts Kpler and cited by Reuters columnist Clyde Russell showed on Tuesday.   The estimated…

The chief economist at commodity trading giant Trafigura has warned the copper market could tighten further as a result of artificial intelligence. Speaking at the Financial Times Commodities Summit in Switzerland, Trafigura’s chief economist Saad Rahim said that growth has “suddenly exploded” as a result of the proliferation of global data centres. By 2030, this could amount to an additional 1m tons of need, Rahim said and that the figure is “on top of a 4-5m ton deficit gap by 2030 anyway”. He added: “That’s…

En la madrugada de este martes 9 de abril inició la reparación de averías en el Sistema Tuy III, con la finalidad de garantizar la recuperación de 407 litros por segundo de agua, lo que se traduce en mejoras en el sistema hidráulico y en el suministro del vital líquido a nuestro pueblo, estas ...

La portavoz del Ministerio del Asunto Exteriores de China, Mao Ning, pidió este lunes al Gobierno de Estados Unidos (EE.UU.) poner fin a las difamaciones que intentan boicotear las relaciones entre Beijing y Moscú. La secretaria del Tesoro de la nación norteña, Janet Yellen, quien s...

India has raised the share of coal in its power generation this month as sharply lower hydropower output is threatening blackouts as summer approaches. The share of coal in India’s power generation jumped to 77% in the first week of April, rising by around 2 percentage points compared to the same period of 2023, per data from the Grid Controller of India cited by Bloomberg. The higher coal use in the country has been compensating for much lower power generation from hydro resources as India braces for the summer months and the general…

India has raised the share of coal in its power generation this month as sharply lower hydropower output is threatening blackouts as summer approaches. The share of coal in India’s power generation jumped to 77% in the first week of April, rising by around 2 percentage points compared to the same period of 2023, per data from the Grid Controller of India cited by Bloomberg. The higher coal use in the country has been compensating for much lower power generation from hydro resources as India braces for the summer months and the general…

Celso Fantinel, presidente de la Confederación de Asociaciones de Productores Agrícolas (Fedeagro) de Venezuela, destacó la relevancia del sector agropecuario en la economía nacional, señalando su papel como empleador de cerca del 30% de los trabajadores activos. “Es un porcen...

El Gobierno de Guyana celebró la decisión de Venezuela de presentar un documento ante la Corte Internacional de Justicia (CIJ) sobre la propiedad de la región del Esequibo, bajo control de Georgetown y reclamada por Caracas. Las autoridades guyanesas recordaron en un comunicado que ...

Morgan Stanley sees heightened geopolitical risk pushing Brent Crude oil prices to $94 per barrel in the third quarter as the bank lifted its price forecast by $4 a barrel from its previous projection. “That the degree of geopolitical risk in key oil producing regions has increased recently seems clear and uncontroversial,” Morgan Stanley analysts wrote in a note cited by Reuters. Last month, the bank had already hiked its third-quarter oil price forecast by $10 per barrel, to $90, on the back of expected tighter markets in…

El presidente de Venezuela, Nicolás Maduro, aseveró que el allanamiento perpetrado por elementos policiales de Ecuador contra la embajada de México en Quito se realizó "con la venia de la embajada de Estados Unidos". En el programa Con Maduro +, el mandatario repudió la vi...

U.S. supermajor Chevron has quit operations in Myanmar by transferring its stake in a natural gas field and an associated pipeline to its former partners in the ventures, after pledging to leave the Southeast Asian country following a military coup in 2021.     “The withdrawal gives effect to our intention to exit Myanmar in a controlled and orderly manner, following the February 2021 coup, and ongoing humanitarian crisis,” a spokesperson for Chevron has told Reuters. Chevron pledged in 2022 to exit Myanmar. In February…