For about six weeks, Europe's fuel reserves arrive, the head of the International Energy Agency, Fatih Birol, warned in an interview with the Associated Press, pointing out that it may be possible «soon» There should be cancellations of flights if the blocking of energy supplies continues due to the US and Israel war with Iran. The [...]

The countries should «to prepare for difficult times» if the price of oil remains high due to the Middle East war, International Monetary Fund (IMF) Director General Kristalina Georgyeva said at a press conference she granted. War has accelerated price increases «We must prepare for difficult times» if the collision [...]

The price of American oil again exceeded $100 a barrel on Sunday to Monday night, in the first transactions after opening markets. The rise followed the announcement of the US armed forces to block Iranian ports, due to the absence of an agreement to end the war in the Middle East. West Texas Intermediate (WTI) for delivery in May rose 7%, while Brent North Sea for delivery in June reached 101.80 dollars with an increase of 6.8%.

The natural oil market is in chaos with prices being launched, while traders and refineries desperately seek readily available reserves. In the North Sea, from 40 bids for cargo this week, just four were covered. Dated Brent reached a record of $144 a barrel, surpassing the 2008 levels. Supplies from Nigeria were formed up to $25 over the reference point. Analysts warn of a lack of slow in the coming weeks due to disruption of supplies from the Middle East, with European refineries expected to reduce production, exacerbating the lack of diesel and aircraft fuel.