Reserves

• Las reservas de divisas de India aumentaron a más de 703.000 millones de dólares, reflejando el fortalecimiento de los colchones económicos ante las incertidumbres globales. • Esta acumulación respalda la estabilidad de la rupia a pesar de la salida de inversores extranjeros y el aumento de los precios del petróleo en las últimas semanas. • El crecimiento de estas reservas mejora la capacidad de India para gestionar los costes de importación y los choques externos, impulsando la confianza de los inversores en los mercados emergentes.

• The U.S. has initiated measures to secure Venezuela's gold reserves as American geopolitical influence in the region intensifies. • The effort reflects Washington's strategy to expand economic leverage and control over Venezuelan assets during the nation's ongoing political and economic crisis. • The move signals escalating U.S. intervention in Venezuela's internal affairs with significant implications for regional power dynamics.

PM Sanae Takaichi says about 80m barrels of stockpiled oil to be provided to refiners – equivalent to 45 days of domestic demand • Middle East crisis – live updatesJapan will begin the biggest-ever release of oil from its strategic reserves this week, the prime minister, Sanae Takaichi, has said, as the country braces for possible shortages caused by the US-Israel war on Iran.The government last week approved the release of 15 days’ worth of private-sector reserves, amid concern that the conflict in the Middle East will continue to hinder the flow of tanker traffic along the strait of Hormuz. Continue reading...

Energy minister says it will take ‘some time’ for extra supply to reach regional areas. Follow today’s news liveGet our breaking news email, free app or daily news podcastThe energy minister, Chris Bowen, says it will take “some time” for the petrol and disesel released from Australia’s domestic stockpile to reach areas hit by shortages.On Friday, the Albanese government directed fuel companies to release nearly a fifth of reserve petrol and diesel supplies. Dozens of service stations across the country have run out of petrol as retailers struggle with customers panic-buying in response to skyrocketing prices from the Middle East conflict.There will be some time for it to flow through. There’s a very complicated supply chain.But it is going to have an impact. Some companies have said it will start to have an impact in coming days, to some degree. But there will be some time before it’s all released. Continue reading...