The conflict between the United States and Iran is driving up global oil and gas prices, yet Argentina is starting to reap the rewards. The increasing production from Vaca Muerta is transforming the nation into a net energy exporter, enabling it to capitalize on a global energy crisis that would have previously burdened its economy. … Read more
For over ten years, investors have consistently witnessed the Argentine peso follow a singular trend – a decline. Currently, amidst the turmoil of the war in Iran affecting global markets, it is experiencing growth. The peso emerged as one of only two developing currencies to appreciate against the dollar in March, coinciding with the MSCI … Read more
In a closing speech at the CPAC summit in Hungary on Saturday, President Javier Milei asserted that “Argentina is in a position to guarantee Europe’s energy security.” The remarks followed a meeting between the head of state and his ally, Hungary’s Prime Minister Viktor Orban, a far-right leader who is preparing for an election later … Read more
The surge in oil prices resulting from the U.S. and Israel’s military actions against Iran may exacerbate inflationary pressures in Argentina while concurrently benefiting the nation’s foreign accounts, analysts suggest. This week, Brent crude’s price exceeded US$100 a barrel for the first time in nearly two years; however, on Monday, it declined to approximately US$80 … Read more