This Sunday, June 14, the United States and Iran agreed to a ceasefire and the reopening of the Strait of Hormuz as part of lifting the naval blockade in the area. https://twitter.com/SputnikMundo/status/2066435570058846502 Although the signing of the memorandum of understanding is still pending,…
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OPEC+ to increase oil production in July

Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman participated in a virtual meeting last Sunday, during which they agreed to increase oil production by 188,000 barrels per day next month.   This marks the fourth consecutive…

Mexico and the European Union sign trade agreement

On Friday, May 22, the Modernized Global Agreement between Mexico and the European Union was ratified. The document will allow for the immediate elimination of tariffs on 86 % of agricultural goods and their gradual elimination for other…