Iraq has been facing a critical oil export crisis since tanker traffic through the Strait of Hormuz largely seized up. About a month ago, Iraq reached a temporary agreement with Iran to allow its ships to sail through the waterway; however, additional war risk premiums for Persian Gulf transits have increased dramatically, rendering transport through the route uneconomical. Unlike Iran, which relies heavily on a shadow fleet of tankers to transport its oil, Iraq lacks a large national fleet, forcing it to rely on third parties. Lack of shipping…

Peak demand in the Electric Reliability Council of Texas (ERCOT) territory could more than quadruple to 367,790 MW by 2032, driven primarily by data centers as well as other large load customers, the grid operator said in a preliminary forecast published Wednesday and noted by Utility Dive. ERCOT, which serves most of Texas, set its current peak demand record of 85,508 MW in August 2023.  The forecast is based on ERCOT’s economic forecasts as well as information provided by utilities working with medium…

Seven weeks after the war in the Middle East began, the world has already lost 500 million barrels of oil supply, equal to around $50 billion at an average price of $100 per barrel, around which futures prices have been hovering since February 28. The losses are enormous and continue to pile up as traffic through the Strait of Hormuz, where 20 million barrels per day of oil supply moved before the war, remains severely restricted, and tensions in the region escalated again. Even if traffic were restored today at full capacity, oil and LNG supply…

Pakistan has been at the center of media coverage of the Middle East war as the country that took up the initiative to moderate peace talks. It also happens to be the country arguably most hurt by the war without being directly involved in the hostilities. Pakistan is a big importer of liquefied natural gas from Qatar. With QatarEnergy suspending production following Iranian strikes on its LNG infrastructure, Pakistan has been in a race with many others to secure deliveries from alternative sources. Yet Pakistan is among the poorest nations in…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.4 million barrels in the week ending April 17. In the week prior, US crude oil inventories rose by 6.10 million barrels. Analysts had expected a 1 million barrel draw. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down to alleviate the pressure on prices. For week ending April 17, 4.2 million barrels left the SPR, bringing the new total to 405 million barrels. This is 320.5 million barrels shy of maximum capacity.…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.4 million barrels in the week ending April 17. In the week prior, US crude oil inventories rose by 6.10 million barrels. Analysts had expected a 1 million barrel draw. Inventories in the US Strategic Petroleum Reserve (SPR) continue to draw down to alleviate the pressure on prices. For week ending April 17, 4.2 million barrels left the SPR, bringing the new total to 405 million barrels. This is 320.5 million barrels shy of maximum capacity.…

The world is on the verge of a geothermal revolution. Until recently, the clean energy technology was only viable in very specific geological areas where the heat from the Earth’s core naturally reached the surface of the planet, as in Iceland’s geysers and volcanoes, but now, with improved drilling technologies, advanced geothermal energy systems could very soon be feasible and affordable virtually anywhere on Earth. And while the sector is nascent, it has some critical advantages over other energy forms, meaning that it could revolutionize…

21 de abril de 2026.- Unos 30 países en desarrollo han lanzado una Plataforma de Prestatarios para intercambiar información, experiencias y fortalecer la capacidad de gestión de su billonaria deuda externa, bajo el paraguas de ONU Comercio y Desarrollo (Unctad), que asume la secretaría de la nueva i...

21 de abril de 2026.- El Banco Interamericano de Desarrollo (BID) confirma su disposición para reanudar operaciones financieras y técnicas con Venezuela a partir de abril de 2026, alineándose con los recientes pasos del Fondo Monetario Internacional (FMI) y el Banco Mundial. Así lo informó la rev...

Last week, Goldman analysts led by Mark Delaney laid out a detailed roadmap for clients on how autonomous vehicles could reshape America’s highways through the 2030s, with a particular focus on “the impact of AI on profit pools.” In a separate report, Goldman analysts led by Allen Chang covered the rapid expansion of China’s robotaxi fleet, highlighting how both superpowers now appear to be locked in a race to automate roads and highways. “We expect a strong ramp up of robotaxis in China, with the robotaxi fleet in…

21 de abril de 2026.- El viceministro de la Secretaría de Salud (Sesal), Eduardo Midence, cuestionó este lunes la continuidad de las asambleas informativas del Colegio Médico de Honduras (CMH), al señalar que la paralización parcial de servicios en el sistema sanitario responde a una postura “políti...