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Asia Energy Squeeze Worsens as Supply Cushion Melts
Asian countries have been buying all the oil they can get their hands on since the Strait of Hormuz shut down for business. Thanks to ample supply of seaborne crude oil, mostly consisting of sanctioned Russian and Iranian crude, the shock from the fallout of the war has been somewhat mitigated—but not for long. As that supply runs out, the shock is looming ever larger. Iran closed Hormuz for traffic right after the United States and Israel bombed it on February 28. Since then, tanker traffic has been sporadic, sending international oil prices…
Categories: Oil news
Corpomérida blinda gestión pública con formación técnica y auditoría
22 de abril de 2026.-Con el objetivo de optimizar la transparencia estatal, Corpomérida, bajo la coordinación del Prof. Edgar Rodríguez, Gerente de Protección Social y Desarrollo Productivo Comunal, ejecuta un plan de formación técnica para funcionarios y comunidades, mediante una alianza estr...
Categories: Venezuelan news
Washington Eyes Dollar Lifeline for UAE Amid Hormuz Oil Supply Shock
Oil producers in the Middle East would typically rejoice at oil prices of $100 per barrel as they would see windfall revenues from their exports. But since the Iran war trapped most oil and gas shipments at the Strait of Hormuz, the Gulf economies have lost billions of dollars in oil revenues and haven’t seen any upside from the oil price spike. The United Arab Emirates, one of the richest Gulf countries, hasn’t been spared from crashing revenues from oil, and tourism, too, as airlines have cut routes to avoid the war zone, which the…
Categories: Oil news
Inces suma 152 mil inscritos en empresas
Caracas, 22 de abril de 2026.-El Instituto Nacional de Capacitación y Educación Socialista registró 152.108 inscripciones de trabajadores en empresas, de un total de 845.289 personas registradas en 2026, con una participación masiva en 6.022 espacios formativos, informó Prensa Inces.
Categories: Venezuelan news
Like Michael Corleone, Iraq’s Militias Seek Legitimacy
Saddam Hussein’s favorite movie was reportedly “The Godfather.” A central theme in the story is the attempts of Michael Corleone, the godfather, to turn the Corleone Family into a legitimate business. Many of today’s leaders of Iraq’s Iran-aligned militias (and their families) were persecuted by Saddam’s security services and could not enjoy the luxury of foreign films, but they would understand Michael’s dilemma. The “founding charter” of Iraq’s militias is arguably Coalition Provisional…
Categories: Oil news

