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Global Oil Crisis Is a Physical Supply Emergency: Sparta
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.
https://mexicobusiness.news/tag/united-states
More Oil & Gas
Global Oil Prices Peaked to US$119.50/b Amid Middle East Conflict
By Fernando Mares - Mon, 03/09/2026 - 11:45
Global oil prices peaked at US$119.50/b due to the Middle East conflict and shipping disruptions in the Strait of Hormuz.
Mexico's Mix Surges: The Week in Oil and Gas
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.
US‑Israel Strikes on Iran Disrupt Global Shipping, Energy Routes
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
A New Phase for Mexico’s Oil-Field Services Sector
By Rafael Espino - Wed, 01/21/2026 - 07:30
PEMEX resets service ties as Venezuela’s US-backed return creates global competition for rigs and technology. Rafael Espino explains.
2026: A Defining Year for PEMEX, Mexico Oil Production
By Fernando Cruz Galvan - Wed, 01/21/2026 - 06:00
Mexico faces a structural turning point in 2026 as PEMEX’s debt pressures public finances and production goals falter, writes Fernando Cruz.
Venezuela, Mexican Firm Exchanged Oil Amid Sanctions
By MBN Staff - Thu, 01/15/2026 - 10:39
Following the collapse of Nicolás Maduro’s government after a US operation, renewed attention on Libre Abordo.
What’s at Stake in the O&G Industry With Maduro’s Capture?
By Perla Velasco - Fri, 01/09/2026 - 11:35
Chevron has increased its loadings of Venezuelan oil as political upheaval and new US–Venezuela arrangements reshape the region’s energy landscape.
Ecocide and Warfare: The Environmental Cost of Conflict
By Julio César Trujillo Segura - Fri, 12/05/2025 - 06:30
War has a colossal impact on the environment, worsening the twin crises of climate disruption and biodiversity loss, writes Julio Trujillo Segura.
Fossil Fuels Take Center Stage in COP30 Negotiations
By MBN Staff - Tue, 11/11/2025 - 09:30
Fossil fuels loomed large over COP30 as nearly 200 countries negotiated outcomes.