The Suez Canal enhanced efforts to free the giant jammed container ship and end the blockage that has sent the shipping rate for fuel tankers that jumped and disrupted the…
Crude Oil Production: The Blockus of the Strait of Hormuz Would Bring to the U.S to the Top Rank Worldwide
The Strait of Hormuz is the waypoint of oil crude business. According to studies 40% of the whole crude oil consumed worldwide gets through this spot. In case Iran would…
By News Team July 28, 2019
Venezuela Introduces Confusing and Possibly Illegal Cryptocurrency
Venezuela’s economic situation has become very concerning for the international community. Inflation has reached a dangerously high level in the South American country. Therefore, many were surprised when Nicolas Maduro’s government…
By Leonardo Lopez August 21, 2018
IMF warns Venezuela of having 1M% inflation by the end of the year
The International Monetary Fund (IMF) has released a concerning prediction regarding the Venezuelan economy. According to them, if the country continues to print money in order to cover their massive…
By Leonardo Lopez July 24, 2018
Putin hints at U.S.-Russia collaboration to stabilize oil prices
After his highly controversial summit with President Donald Trump, Russian President Vladimir Putin has stated that the two administrations are planning to work on stabilizing oil prices. The value of…
By Leonardo Lopez July 19, 2018