News: The price of oil, the activation of the industrial shield in the Basque Country and the indefinite strike in Tubos Reunidos
A summary, in two words, of what will be news in the Present today.
Today, 12 March 2026, the main media headlines are as follows:
- Oil price: In the last few hours there have been attacks on several ships in the Strait of Hormuz. Rising tensions have had an immediate effect on the energy market. Brent barrel, a reference in Europe, has again exceeded $100. At the same time, the US has announced that it will release 172 million barrels of its strategic oil reserve.
- Activation of the industrial shield in the Basque Country: Euskal Government has announced at the meeting of the Industrial Defence Group that its Government is preparing "a first package of measures" to deal with the effects of the crisis caused by the attacks on Iran initiated by the US and Israel. The President has stressed that the conflict over Iran is "the greatest energy and logistics threat to the Basque industry since 2022."
- Indefinite strike at the Tubos Reunidos plantin Amurrio: Tubos Reunidos have called an indefinite strike since 16 March to demand the rejection of the employment regulation dossier (ERE) imposed by the management and the other measures proposed.
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