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Middle East War Triggers New Global Refining Boom
For the second time this decade, a war has upended global oil markets and sent oil prices and refining margins to multi-year highs, benefitting the world’s biggest oil companies and top refiners. The war in Iran has tightened fuel supply as crude oil has struggled to move through the Strait of Hormuz, triggering reduced refining throughput in Asia and a temporary Chinese ban on exports. The fuel markets tightened even more than the crude market to send refining margins to record highs. And the biggest refiners benefited from the new refining…
Categories: Oil news
Estados Unidos envía primer vuelo con deportados a Venezuela desde los terremotos
4 de agosto de 2026.-Un avión con 147 venezolanos aterrizó el lunes en Venezuela, en medio de críticas por la muerte de deportados alojados en un edificio derrumbado durante los terremotos de junio, informó Los Tiempos de Nueva York.
Estados Unidos envió un vuelo con deportados a Ve...
Categories: Venezuelan news
China, Turkey Relations Strained After EV Investment Fallout
China and Turkey spent years strengthening a strategic partnership built on trade, investment and access to European markets. The sudden collapse of a flagship $1 billion Chinese investment now threatens to slow one of Beijing’s most important economic relationships in the region. For years, China and Turkey have maintained a cordial and strategic relationship, with Turkey’s access to the EU Customs Union making it an attractive destination for Chinese investments. Chinese goods produced in Turkey move into the EU without extra customs…
Categories: Oil news
Hidroven ejecuta obras de mitigación de riesgo en Apure
Las obras tuvieron como finalidad resguardar y garantizar el bienestar de miles de familias
Categories: Venezuelan news
Gobierno Nacional reactiva bombeo de agua en Chichiriviche con tres transformadores
Estas acciones atienden directamente a 3.750 familias de 13 sectores y 2 comunas del municipio Monseñor Iturriza
4 de agosto de 2026.- El Gobierno Nacional, a través del Ministerio del Poder Popular de las Aguas (MInAguas) con el apoyo operativo de Hidroven y Corpoelec...
Categories: Venezuelan news
U.S. Hits New Obstacle on Critical Mineral Security Course
The race for critical metals and minerals has been heating up since President Trump took office, pitting the U.S. against many of its international allies. Yet while the federal government spends billions to build a position in critical minerals and challenge China’s dominance, there have been setbacks—even at home. Earlier this week, the Financial Times reported that a company had made the biggest discovery of tungsten in the United States. Tungsten is a critical metal that is used in applications ranging from electronics to defense…
Categories: Oil news
Fishlike Nanorobots Could Become America’s Answer to China’s Lithium Grip
Lithium has become a hot-button geopolitical issue as the critical mineral has become omnipresent and all-important in the tech and energy sectors. Chances are very good that you have more than one device powered by a lithium-ion battery within arm’s reach at this very moment, and chances are equally as good that that battery was made in China. At present, China has a near-chokehold on global lithium supplies and refining capacity, granting Beijing significant geopolitical leverage. Moreover, as the world continues its trajectory toward a…
Categories: Oil news
DiCaprio y fondo de Jeff Bezos destinan 200 millones de dólares para rescatar 100 especies
La organización conservacionista Re:wild, cofundada por el actor Leonardo DiCaprio, y el fondo ambiental Bezos Earth Fund, del magnate Jeff Bezos, destinarán 200 millones de dólares a recuperar 100 especies al borde de la extinción en 30 países, según anunciaron este martes.
El Bezo...
Categories: Venezuelan news
US Crude Oil Inventories Build As Washington Talks Up Potential Peace Deal
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.69 million barrels in the week ending July 30, despite analyst expectations for a 2 million barrel draw. In the week prior, US crude oil inventories fell by 3.3 million barrels. Commercial crude oil inventories excluding the SPR have lost just over 58 million barrels over the last sixteen weeks, with US crude inventories down just 7.2 million for the year, according to API data, kept in check by draws from the SPR. For the week ending July…
Categories: Oil news
US Crude Oil Inventories Build As Washington Talks Up Potential Peace Deal
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.69 million barrels in the week ending July 30, despite analyst expectations for a 2 million barrel draw. In the week prior, US crude oil inventories fell by 3.3 million barrels. Commercial crude oil inventories excluding the SPR have lost just over 58 million barrels over the last sixteen weeks, with US crude inventories down just 7.2 million for the year, according to API data, kept in check by draws from the SPR. For the week ending July…
Categories: Oil news
Colombia: Petro denuncia amenazas y reafirma postura sobre fraude electoral
4 de agosto de 2026.- El presidente de Colombia, Gustavo Petro, denunció públicamente haber recibido graves amenazas orientadas a que cese sus cuestionamientos sobre un presunto fraude electoral. Tras reaparecer ante los medios en una rueda de prensa, el mandatario vinculó estas presiones directamen...
Categories: Venezuelan news
China's EV Boom Is Quietly Undermining Oil's Biggest Chokepoint
The conventional view of the Hormuz crisis is that China has been caught in an energy trap. It is the world’s largest crude importer, the Gulf remains one of its most important sources of supply, and an estimated 45–50% of Chinese crude imports normally transit the Strait of Hormuz. When traffic through the strait slows, Beijing cannot simply replace all those barrels overnight. That vulnerability is real. But it is also incomplete. China entered this crisis with large strategic and commercial inventories, diversified suppliers and…
Categories: Oil news
Designan a Alejandro López Rodríguez como nuevo ministro de Cultura
4 de agosto de 2026.- La tarde de este martes, la presidenta encargada Delcy Rodríguez designó a un nuevo ministro de Cultura. A través de sus redes sociales, la mandataria anunció que el historiador Alejandro López Rodríguez ocupará el cargo en este ente.
"He designado al historiador Alejandro L...
Categories: Venezuelan news
Designada nueva titular de la Superintendencia Nacional de Arrendamiento de Vivienda (SUNAVI)
4 de agosto de 2026.- Este martes fue designada la ciudadana Zurima Alicia Hernández Guzmán como la nueva titular de la Superintendencia Nacional de Arrendamiento de Viviendas (Sunavi) de acuerdo con lo publicado en la Resolución N° 216 del Ministerio de Hábitat y Vivienda.
El documento establece...
Categories: Venezuelan news
Pakistan Bets on Security and Trade as Ties with Iran Grow
Pakistan has played a key role as a mediator in the U.S./Israel war on Iran. Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, Chief of Army Staff and Chief of Defence Forces, have raised Pakistan’s profile so much that Foreign Affairs gushed “Pakistan Won the War in Iran.” Pakistan’s leaders are practical men with working relations with Washington and Tehran and are not performing good works to save their immortal souls, but because Pakistan and Iran are “neighbors forever” and they are looking to…
Categories: Oil news
Sequía en el Danubio revive buques de la Segunda Guerra
4 de agosto de 2026.- Rumania trabajaba este martes en la construcción de un dique para desviar agua del río Danubio, afectado por la sequía, hacia su único reactor nuclear en funcionamiento, mientras que el primer ministro de Hungría afirmó que la única turbina operativa de la central nuclear de Pa...
Categories: Venezuelan news
Oil Markets Price In an Iran Deal That Does Not Exist Yet
Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed one. West Texas Intermediate was trading at $75.64 per barrel shortly before 2 p.m. ET, down $4.70, or 5.85%, while Brent had fallen $4.61 to $79.16. Both benchmarks touched three-week lows as hopes rose that an agreement could reopen the Strait of Hormuz. Treasury Secretary Scott Bessent said a deal could come Tuesday or Wednesday, while Secretary of State Marco Rubio said talks involving Iran and Oman had made progress. Qatar also…
Categories: Oil news
Oil Markets Price In an Iran Deal That Does Not Exist Yet
Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed one. West Texas Intermediate was trading at $75.64 per barrel shortly before 2 p.m. ET, down $4.70, or 5.85%, while Brent had fallen $4.61 to $79.16. Both benchmarks touched three-week lows as hopes rose that an agreement could reopen the Strait of Hormuz. Treasury Secretary Scott Bessent said a deal could come Tuesday or Wednesday, while Secretary of State Marco Rubio said talks involving Iran and Oman had made progress. Qatar also…
Categories: Oil news
Oil Markets Price In an Iran Deal That Does Not Exist Yet
Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed one. West Texas Intermediate was trading at $75.64 per barrel shortly before 2 p.m. ET, down $4.70, or 5.85%, while Brent had fallen $4.61 to $79.16. Both benchmarks touched three-week lows as hopes rose that an agreement could reopen the Strait of Hormuz. Treasury Secretary Scott Bessent said a deal could come Tuesday or Wednesday, while Secretary of State Marco Rubio said talks involving Iran and Oman had made progress. Qatar also…
Categories: Oil news
New Agreements Advance Central Asia’s Middle Corridor Ambitions
The leaders of the five Central Asian states and Azerbaijan, meeting on the shores of Lake Issyk Kul in Kyrgyzstan on July 31, signaled an intent to deepen trans-Caspian connections. The meeting’s final document, known as the Cholpon-Ata Declaration, was perhaps more symbolic than substantive, reaffirming participants’ desire to expand trade and maintain regional security. The document “reflects the high level of trust among Central Asian states and the Republic of Azerbaijan, their commitment to the principles…
Categories: Oil news

