Indian crude imports set several records in June. Total inflows reached about 5 million b/d, the highest level ever recorded for the month. Of that, 2.6 million b/d came from Russia, equivalent to 54% of India’s total crude imports and a historic record for Russian-Indian trade. Russian supplies, which had fallen to around 1.1 million b/d in February under sanctions pressure from Washington, more than doubled within four months and became a key pillar of India’s energy-security strategy. India’s overall import volume suggests…

La democratización no puede quedar en suspenso por la tragedia 30 de junio de 2026.-El especialista en derecho constitucional y profesor de la Universidad Católica Andrés Bello (UCAB), Jesús María Casal, consideró este lunes necesario aprobar una ley...

  Oil and gas companies operating in Australia are lining up plans to boost oil and gas exploration as activity picks up amid the energy crisis in the wake of the Iran war. Australia, which has had to cope with a fuel supply crisis since the Middle East conflict began, is one of the world’s top LNG exporters. Still, it assesses its domestic gas availability every quarter, and the regulators have often raised an alarm over potential gas supply shortages in some parts of the country. Energy Security Woes Prompt Renewed Exploration Efforts…

There have recently been many warnings about near-term oil shortages stemming from the conflict in Iran. Most analysts assume that shortages mean higher prices. As I will explain, the dynamics of a self-organizing economy suggest the opposite outcome — lower prices, deepening recession, and shortages of goods and services that have little to do with price. A cartoon scene featuring a bluebird on a cliff, looking confidently at a surprised coyote who is about to fall off the edge, with a yellow sky in the background. Figure 1. Wile E. Coyote…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million barrels in the week ending June 26. In the week prior, US crude oil inventories fell by 765,000 barrels. Although commercial crude oil inventories excluding the SPR have been falling rapidly for more than two months, shedding 59.4 million barrels over the last eleven weeks, US crude inventories are only down 8 million barrels so far this year, according to API data, kept in check by draws from the SPR. For the week ending June…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.072 million barrels in the week ending June 26. In the week prior, US crude oil inventories fell by 765,000 barrels. Although commercial crude oil inventories excluding the SPR have been falling rapidly for more than two months, shedding 59.4 million barrels over the last eleven weeks, US crude inventories are only down 8 million barrels so far this year, according to API data, kept in check by draws from the SPR. For the week ending June…

30 de junio de 2026.- Francia registró al menos 300 decesos adicionales durante la primera ola de calor de 2026, a finales de mayo, indicaron este martes las autoridades sanitarias, precisando que el número preciso de muertes atribuibles al calor extremo se conocerá más adelante. Entre el 24 y el...

China will continue spending heavily on both coal and alternative energy, such as wind and solar, over the next five years, Beijing’s latest five-year plan revealed this month. The apparent paradox sees the world’s largest emitter by far continue to generate a solid portion of its energy from coal while also boosting the largest alternative energy capacity in the world. The thing is, it is not actually a paradox. Ever since the signing of the Paris Agreement in 2015, a host of countries have been working hard to reduce their reliance…

30 de junio de 2026.- La Corte Suprema de Estados Unidos cerró hoy la puerta a las intenciones del presidente Donald Trump de eliminar la ciudadanía por derecho de nacimiento, al dictaminar que esa política migratoria es inconstitucional. Tres integrantes de la mayoría conservadora de esa instanc...

30 de junio de 2026.- El presidente de la Asamblea Nacional (AN), Jorge Rodríguez, informó este martes que la cifra de fallecidos por los terremotos de magnitud 7,2 y 7,5 registrados el pasado 24 de junio ascendió a 1.943 personas. En este sentido, ofreció el siguiente balance. 1943 personas ...

Martes, 30 de junio de 2026.- Irán se divide y abandona a EEUU, Irak pide protagonismo y Trump avisa. El Tribunal Supremo de Estados Unidos ha propinado un nuevo e histórico golpe judicial a los planes de la administración de Donald Trump al bloquear de forma definitiva el intento de restringir ...

Nigeria has announced the discovery of a world-class, polymetallic deposit in Kaduna State, with government experts saying it’s one of the country's most important critical minerals discoveries in recent years. Located around the pegmatite region of Gidan Waya in the Jema'a Local Government Area, the deposit contains nickel, copper, gold, platinum group metals and rare earth elements. The discovery was made by Steron Mining, with the Nigerian Geological Survey Agency (NGSA) confirming the find. Kaduna State is renowned for the exceptional…

30 de junio de 2026.- El doble terremoto sufrido en Venezuela podría haber dejado unos 58.870 edificios dañados o destruidos en toda la región afectada, según una primera evaluación experimental rápida realizada por la NASA gracias a imágenes satelitales. Las imágenes se han creado usando datos d...

The world's most important oil benchmark is about to experience an identity crisis. For the first time since records began, no Brent crude cargoes are scheduled to load in August, according to Reuters calculations based on loading programs and LSEG data. In other words, the benchmark that gives Brent crude its name is slowly disappearing. That's not because Brent is losing relevance. Quite the opposite. Brent still underpins pricing for more than 60% of internationally traded crude. The problem is that the original Brent field has simply been producing…

30 de junio de 2026.- El Instituto Venezolano de los Seguros Sociales (Ivss) alertó ayer sobre intentos de estafa mediante registros falsos para optar al bono de contingencia por terremotos, asignado a través del sistema Patria. La institución informó, a través de su canal para pensionados en Tel...

The disruptions to Russia's energy sector due to its war with Ukraine are having a ripple effect in Central Asia, with fuel prices rising across the region and governments scrambling to find alternative sources to meet demand. Officials have sought to reassure consumers that supplies will be sufficient and that prices will eventually come down once global disruptions stabilize. Daniyar Amangeldiev, the first deputy prime minister of Kyrgyzstan, told reporters that rising fuel prices are unavoidable given the global geopolitical turmoil. "There…

According to monthly data released Tuesday by the U.S. Energy Information Administration (EIA), U.S. crude oil production climbed to a record 13.934 million barrels per day (bpd) in April—the highest monthly production rate ever recorded. The new record surpassed March's 13.718 million bpd by 216,000 bpd, as producers responded to the oil price spike triggered by the Iran war and the closure of the Strait of Hormuz. While oil prices have since retreated as exports from the Persian Gulf gradually resume, April's data captures the industry's…

The next frontier for wave energy may be far from any ocean. Beaver Island, situated in the middle of Lake Michigan, seeks to be the next major testing ground for hydrokinetic energy from the waves that lap up against its shore. Proponents of the pilot program say that the cutting-edge clean energy tech will provide more reliable energy to the remote island while also advancing the nascent energy form for applications in other global contexts. Earlier this month, researchers from the University of Michigan set up prototype devices along the island’s…

Brent tops $73 as renewed U.S.-Iran strikes keep Hormuz on edge, leaving oil markets vulnerable to sharp summer price swings. Hormuz Plays Red Light, Green Light as Transits Slow Down This Week - Reaching 59 transits, June 24 has marked the highest number of Hormuz crossings since US-Iran MoU was signed, with traffic slowing down following last week’s attack on a cargo ship and weekend strikes on Iranian territory. - This week’s daily transit rates hover around 20-25 ships per day, however nowadays most of Hormuz movement is inbound…

An ESG reporting platform backed by the government-owned British Business Bank has been put up for sale after appointing administrators, City AM can reveal, in the latest sign blue-chip companies are paring back their sustainability commitments. World Wide Generation, which operates the platform, known as G17 Eco, has opened the bidding to interested parties and those expressing interest following a listing on an insolvency marketplace. The London-based company, which was once valued at more than £90m in an equity funding round and counts…