Blue Dollar Updates

US Attack on Venezuela May Impact Argentina’s Oil Sector

It is widely acknowledged that a primary objective of the U.S. intervention in Venezuela, culminating in the apprehension of former president Nicolás Maduro, was to ensure access to the nation’s oil resources. Shortly after the invasion, the White House asserted its intention to exert control over Venezuela’s oil sales “indefinitely.” Experts indicate that this disruption … Read more

Argentina Lifts Export Duties on Regular Crude Oil

The Argentine government has confirmed the elimination of export duties for conventional crude oil, following a meeting involving Economy Minister Luis Caputo, Interior Minister Diego Santilli, and Chubut Governor Ignacio Ramírez. The national and provincial governments have entered into a memorandum of understanding aimed at eliminating the 8% tax in Chubut. The agreement emerges amidst … Read more