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By Perla Velasco - Fri, 04/10/2026 - 15:02
Oil markets closed out a week of extraordinary volatility on Friday, with Brent crude settling around US$96.69/b and WTI near US$97.87/b.
https://mexicobusiness.news/tag/strait-hormuz
More Oil & Gas
By Perla Velasco - Thu, 04/09/2026 - 13:14
The bank trimmed its 2Q26 outlook for Brent and WTI following the two-week truce brokered by Pakistan.
By Perla Velasco - Tue, 04/07/2026 - 11:48
The conflict reached new heights following the downing of two US military jets last Friday. US President Trump issued a stern social media ultimatum.
By Perla Velasco - Fri, 03/20/2026 - 13:19
A fire broke out in the early hours of March 17, 2026, at the perimeter of the Dos Bocas refinery, claiming five lives.
By Perla Velasco - Wed, 03/11/2026 - 14:05
The closure of the Strait of Hormuz following the US-Israel military campaign against Iran has removed approximately 20MMb/d from global oil supply.
By Perla Velasco - Fri, 03/06/2026 - 15:47
The conflict between the United States, Israel, and Iran has sent Mexico's crude export blend to its highest level in seven months.
By Perla Velasco - Tue, 03/03/2026 - 12:50
The conflict between the US-Israel and Iran has sent shockwaves through global energy markets, pushing Mexico's crude export blend to MX$70/b.
By Paloma Duran - Mon, 03/02/2026 - 11:59
US‑Israel military strikes on Iran and ensuing retaliation have disrupted traffic through the Strait of Hormuz and Bab el‑Mandeb
By Perla Velasco - Tue, 02/10/2026 - 11:54
Oil prices remain relatively stable this week as concerns over potential Middle East supply disruptions eased.
By MBN Staff - Wed, 07/02/2025 - 17:06
Oil and gas prices stabilized as the Israel-Iran ceasefire calmed markets. Prices may rise soon, however, as summer drives up power and gas demand.















