The Industry Defense Team is meeting today in the face of the uncertainty created by the conflict in the Middle East
As amatter of urgency, the President, Imanol Pradales, will convene the Industry Defence Team at the Zamudio Technology Park.
The alarm has been raised in the Basque industry about the evolution of oil and gas prices, which are directly affecting fuel prices in the sector. In this context, the war that has erupted with the attacks on Iran by the United States and Israel is now the biggest threat facing the Basque industry.
The meeting will be attended by President Imanol Pradales and Industry Advisor Mikel Jauregi, as well as representatives of the main institutions of the Basque Country, companies, clusters and other actors.
The evolution of energy markets has heightened concern in recent days. The price of oil has been on a steady upward trend in the last week, and on Monday the Brent barrel reached $99.
Gas prices have also risen, with an increase of around 5% over the last week, which has a direct impact on the costs of the industry, particularly on the increase in logistical costs.
Faced with this situation, today's meeting will discuss measures to address the uncertainty created by price volatility. Among other things, Industry Advisor Mikel Jauregi recently advocated limiting gas prices in an interview with the Euskadi Irratia Faktoria programme.
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