Brent type oil barrel is at $112 in the fourth week of the Iranian war
The armed conflict in the Middle East continues to affect the price of energy. Since this morning, the price of crude oil has been unbiased, reaching a maximum of $114 and a minimum of $110.22.
Oil extraction process.
The brent oil barrel for delivery in May is at $112 this Monday, almost unchanged, in the fourth week of the USand Israelwar against Iran.
Specifically, the reference crude oil brentin Europehas risen 0.21% to $112.42. This morning, crude oil has been trading unbiased, with a maximum of more than $114 and a minimum of $110.22.
That being the case,the armed conflict in the Middle East is still having a direct impact on the price of energy.
U.S. PresidentDonald Trump gaveIran 48 hours to "fully open" the Strait of Hormuz , or warned of an attack on power plants.
The Iranian Revolutionary Guard has denied that Tehran will attack power stations in the region, but has assured that if theUS attacks the Islamic Republic's facilities , it will respond "in the same way."
If Washington fulfils its threat, "Iran will respond, "the Revolutionary Guard said.
Meanwhile, theexecutive director of the International Energy Agency (AIE), Fatih Birol , has assured us that the situation is "very serious" and that the current uncertainty already surpasses theenergy crisis ofthe 1970s , in a context marked by the blockade of the Strait of Hormuz and the attacks on power plants in the Middle East.
US-reference Texas oil (WTI) 0.78% will rise this Monday to $112.81 before the market officially opens in the US.
You might like
DHL Express has laid the foundation stone of the future hangar at Vitoria airport
The company plans to take a giant step with a 6,600-square-foot ship, along with more than 13,000 square meters of outdoor facilities, making it the second largest DHL hangar on the European continent.
The chain's first fully manufactured electric car leaves the multinational Volkswagen plant in Landaben
Škoda Epiq is the first fully manufactured electric car in Pamplona and Volkswagen Navarra will continue to manufacture T-Cross and Taigo combustion models.
The Council of Álava will have the final say on whether or not summer camps are held in Bernedo, according to Berriozabal
Interviewed on Radio Euskadi , the president of the Araba Buru Batzar of the PNV, Jone Berriozabal, has said that it is "worrying" that, following last year's complaints about the summer camps in Bernedo, 200 families want to take their children to this camp.
Igor Arroyo: "Everyone must be able to learn Basque, but in order to stabilize their knowledge in the public service it is necessary"
The general coordinator of the LAB union has criticized the CC.OO. union for its attitude towards the Euskera. In his opinion, this union has made a "big mistake", not only because it takes CC.OO away from ELA and LAB, but because it takes it away from the "Basque workers".
The Navarre government will contribute 50 million euros to the company it will create with the Chinese company Hithium
The battery and power storage plant will initially create 700 jobs, and in a second phase the number could reach 1,000 workers.
Nadia Calviño has stressed that the Basque Country is a "good customer" of the European Investment Bank, promoting innovation in various areas
Arantza Ruiz, Director of Information at EITB Media, has interviewed Nadia Calviño, President of the European Investment Bank, on the "12 Minutes" programme of A0ETB2.
Medical Director and Deputy Medical Director of Cruces University Hospital resign
According to EITB, both resignations fall within the context of the medical strike and the assistance pressure that the stoppages are causing.
The Government approves the broad outlines of the 2027 budget, with growth projected at 1.6 per cent
The Finance and Finance Adviser, Nöel d'Anjou, has explained that the priority will be to strengthen basic public services, health, education, housing, security and social services.
Medical unions call for a rally in front of the Ministry of Health on June 15
The six medical unions on the strike committee maintain the call for a strike from 15 to 19 June and express their willingness to meet with the Ministry of Health whenever there is a real negotiating will and concrete proposals are on the table.
Talgo has reached a volume of orders of EUR 6.3 billion, the highest in its history, and aims to double its production capacity
The company has announced the creation in the Basque Country of a corporate research unit integrated into the Basque Network of Science, Technology and Innovation.