Oil
The Council of Ministers will today agree on economic measures to mitigate the impact of the war in the Middle East
The Decree-Law will be adopted in Congress next Thursday and a detailed plan will be put on the table, structured in four areas: structural measures, a tax package, specific aid to affected sectors and assistance to vulnerable persons.
The ECB anticipates a rise in inflation and a slowdown in growth due to the war in the Middle East
Compared to the December projections, theEuropean Central Bank (ECB) has warned that inflation will rise particularly this year due to the sharp rise in energy prices as a result of the Middle East war.
The price of a barrel of oil has risen to $113 and gas has risen by 30% as a result of attacks on Qatar's energy infrastructure
The conflict in the Middle East continues to plunge markets: Asian stock exchanges have fallen sharply, while Europeans expect negative openings, pending the meeting of the European Council.
Trump said it would be "a great honor" for him to "take Cuba."
The president reiterated that his administration is in talks with the Cuban authorities and explained that the island is "a failed nation." They have no money, they have no oil, they have nothing. "
Another ship has been attacked near Orzume, according to the British maritime agency
For its part, the US Army has confirmed that it has hit "more than 7,000 targets" in Iran and has "damaged or destroyed" more than 100 ships since the start of the joint offensive with Israel on 28 February.
The price of Brent crude oil has surpassed the $105 barrier
Before the US and Israel attack on Iran, the barrel of oil was worth $72. Aliados do not help reopen the Strait of Hormuz, NATO has warned of a "bad future."
Now that oil purchase costs have doubled, gas station owners are demanding tax cuts
ETB has been with Alaitz Goñi, owner of the Getxogas gas station, to discuss the impact of the rise in the cost of oil on their activity. In Bizkaia, customers' movements have fallen by 25% due to rising prices and demand that the Spanish Government lower taxes.
European leaders criticize US easing sanctions on Russian oil
Ukrainian President Volodimir Zelenski has warned that easing these sanctions reinforces Moscow's position and gives it an additional $10 billion to continue the war against Ukraine.
The US temporarily authorizes the purchase of Russian oil to contain the rise in prices
For his part, Donald Trump has warned that he has "unparalleled firepower, unlimited ammunition, and time ahead" to deal with the "crazy garbage" that Iran is driving.
The Iranian war has caused the loss of 10 million barrels of oil a day and the price of a barrel has surpassed the $100 barrier again this morning
According to the latest report by the International Energy Agency (IEA), the interruption of maritime traffic in the Strait of Hormuz has resulted in a loss of the equivalent of 10 million barrels a day in the markets. The flow of the Strait of Hormuz has been reduced to less than 10% compared to those before the crisis. Indeed, before the crisis, 15 million barrels of crude oil were spent a day, and another 5 million barrels of crude oil from the world's total supply.
The US will extract 172 million barrels from its strategic oil reserves
Following the latest attacks on ships passing through the Strait of Hormuz, the price of a Brent barrel has risen by more than $100.
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.
Brenta's price is stable at $88, pending possible release of oil reserves
According to The Wall Street Journal this Wednesday, the International Energy Agency (IAE) has proposed the largest release of oil reserves in its history to reduce oil prices, which would exceed the 182 million barrels of oil that IAE countries placed in 2022 when Russia invaded Ukraine.
The price of a Brent barrel has fallen by more than 6%, to $92
The day before, Brent's barrel had reached $120, but after Trump declared the war against Iran "almost over," the price of oil has fallen.
The G7 will study the commercialization of strategic oil reserves in the face of market swings caused by the war
On Monday, the Finance Ministers of Germany, Canada, the United States, France, Italy, Japan and the United Kingdom will meet urgently to discuss the war in the Middle East and its economic consequences.
Concern among truckers about rising fuel prices: "We carry liquid gold; robberies will begin."
The war in the Middle East has a direct impact on transport, which could soon spread to other areas of everyday life. Truck drivers are very concerned about the sharp rise in prices in a week.
Brent oil has surpassed $91, with an increase of 26% in a week
As a result of the war in the Middle East, all energy exporters in the region could cut production in a few weeks, bringing the price of oil to $150 a barrel and "sinking the world's economies."
Oil prices rise by about 3% and stock exchanges expect further declines following attacks on Iran
Along with the price of crude oil, the price of natural gas is also rising, since in the Dutch TTF market, a reference in Europe, the price of gas to be delivered within a month has risen by another 22%, to $53.14.
The Strait of Hormuz in the spotlight after the attacks on Iran
It is one of the world's leading commercial fuel routes, from which about 20% of the world's oil and gas production is transported, and an average of 144 ships travel every day.
Repsol has earned 8.1% more in 2025, to €1,899 million, and has raised its 2026 dividend
The company reported on Thursday to the National Securities and Exchange Commission (CNMV) that the adjusted net net result, which specifically measures business progress, fell 15.1% in 2025 from the previous year to 2,568 million.