Oil
VAT on light and gas returns to 21% on Monday
The Spanish Government decreed a tax cut in March on the occasion of the war in Iran, which expires on Monday, although the tax measures on fuels and the Value Tax on Electricity Production will be in effect until June 30.
Trump has published a map of Venezuela painted with the US flag portraying it as state 51
Since the arrest of deposed Venezuelan President Nicolas Maduro on January 3, Trump has repeatedly suggested that the country be annexed to its territory.
OPEP+ will decide on its June oil offer in Vienna in the midst of the global energy crisis
Only seven major producers (Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman) will meet at a meeting after the United Arab Emirates decided to leave the organization.
The price of a Brent barrel has risen to $120, the highest level since 2022
Since the US and Israel started the war against Iran on February 28, the price of a brent barrel has risen by 62%. Since the US and Israel started the war against Iran on February 28, the price of a barrel has risen by more than 62%.
It will be news: the crisis between the PNV and the PSE-EE, the Surne Bilbao in the FIBA European Final and the United Emirates leaving OPEC
A summary, in two words, of what will be news in the Present today.
United Arab Emirates announces withdrawal from OPEC due to crisis in the Strait of Hormuz
the departure of the United Arab Emirates, which has been a member of OPEC since 1967, may cause disorder and weaken the group, which, despite disagreements over fair and stable prices for oil producers, has sought to show a united front.
The world's largest condom producer will raise prices 20-30% as a result of the Iranian war
Oil has risen more than 5%, to $95, and European stock exchanges are expected to fall
The conflict between the United States and Iran has escalated again in the early hours of this Monday, affecting the price of oil. Tension has increased in the Strait of Hormuz when the US struck an Iranian cargo ship in the Gulf of Oman that was trying to overcome the blockade imposed by Washington on Iranian ports.
The EU says the opening of Ormuz is good news but insists that travel must be free
"The imposition of tolls for transit would set a dangerous precedent," said the European Union's High Representative for Foreign Affairs, Kaja Kallas. On the other hand, in the context of the crisis and convened by France and the United Kingdom, 50 countries and international organizations have met in Paris. They have announced the launch of a "neutral" maritime mission to "assist and protect" ships passing through the Persian Gulf.
Iran announces that the Strait of Hormuz will remain "fully open" as long as the cease-fire continues
The Iranian Foreign Minister has made this announcement just after the entry into force of the Israeli-Lebanese Summit. He has indicated that ships must follow a "notified and coordinated" route by the Iranian Port and Maritime Organization.
Repsol has regained control of its operations in Venezuela and has agreed conditions for further production
Repsol's Venezuelan production is currently around 45,000 barrels of crude oil, especially in the Petroquiriquire oil field. The company is prepared to increase gross oil production by 50% over a 12-month period.
The US estimates that more than 150 million barrels of Venezuelan oil have been sold since the capture of Maduro
Chris Wrigt, head of the US Energy Area, has said that the fall in oil prices for this summer is "a very ambitious deadline," and expects "high" energy prices, even higher than they are now, while achieving "significant maritime traffic" in the strategic strait.
The fragile cease-fire in the Middle East makes the parquets nervous
The price of oil has risen by about 2% in first-hour auctions. Asian stock exchanges have opened with losses, and European and US stock exchanges are also expected to fall.
Brenta's price has fallen by more than 13%, below $95, following the US-Iran truce
The price of a barrel of Brent oil has fallen significantly as a result of the two-week truce between the US and Iran, during which a peace agreement will be negotiated in Pakistan on the basis of a ten-point plan presented by Tehran.
Texas oil has risen by almost 13% in the absence of any indication of an early end to the war
Trump's latest appearance has frustrated investors "hopes of a rapid end to the war. Wall Street has fallen 1.28% after Trump announced that he will continue to" harshly "attack Iran.
A Russian oil tanker with 100,000 tons of oil has arrived at the port of Matanzas in Cuba
News: Running live, energy crisis and Pradales-Sanchez meeting
A summary, in two words, of what will be news in the Present today.
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.
The Basque Government appreciates the inclusion of the decalogue of lehendakari in measures against the energy crisis
The Basque Government believes that the reduction of the electricity bill will help families and the Basque industry, but it lacks specific measures for industrial companies that have suffered a double, tariff and energy shock over the past year.
The PNV has been "satisfied" with the anti-crisis measures, which for EH Bildu "is not enough."
According to jeltzales, these measures "will help make the final price of electricity and fuel more affordable for families and self-employed people." The abertzale coalition welcomes the fact that it has received three proposals sent to Sanchez, but criticizes that the measures will increase the profits of large energy and oil companies.