Mexico’s Gas Dependence Deepens Despite Refining Gains in 2025

March 5th 2026
This marked the third consecutive annual record for imports.- Zhejiang Petrochemical to Shut Refining Unit Amid Middle East Oil Supply Disruptions
- Goldman Sachs raises Q2 Brent oil price forecast by $10 to $76 a barrel
- Qatar declares force majeure, gas supplies to Indian industry cut
- Americas heavy crude prices hit multi-year highs as Iran conflict disrupts oil markets
- Azerbaijan Boosts Gas Supplies to Europe as Southern Gas Corridor Capacity Expands
- Iraq Cuts Oil Output After Strait of Hormuz Closure Disrupts Exports
- US natural gas futures leap 6% as Middle East conflict disrupts global supplies
- The price of a gallon of gas spiked overnight in the U.S., and drivers overseas are filling up tanks
- US considering military support for Middle East oil and gas supplies


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