MXThe price of Mexican crude oil rose nearly 10% this Monday, reaching its highest level in a month. Analysts at Banorte attributed the increase to new tensions in the Middle East. Pemex reported selling a barrel at $73, a 9.3% increase from Friday and the highest since June 18. The average national hydrocarbon price is now $79.59 for the year, surpassing the $77.30 projected by Hacienda for 2026. The Mexican blend rose alongside U.S. crude oil (WTI), which increased 8.7% to $78.14, while Brent crude ended at $83.30, up 9.6% from Friday. The conflict between the U.S. and Iran led to losses in global stock indices and government bonds due to concerns over energy market impacts and inflation. The main index of the Mexican Stock Exchange fell 0.8%, marking its worst close since June 10. The Nasdaq dropped 1.6%, the S&P 500 fell 0.8%, and the Dow Jones Industrial Average declined 0.3%. Following attacks in the Middle East, President Trump announced a resumption of port blockades in Iranian ports starting Tuesday. Attention will focus on U.S. inflation data and the appearance of Federal Reserve Chair Kevin Warsh, along with financial reports from ASML, BlackRock, Morgan Stanley, and J&J.
Bias read (Center): While the article discusses economic factors influenced by international politics (Middle East tensions, U.S.-Iran relations), it presents information based on market movements and expert analysis without overtly favoring any political ideology. The framing remains neutral, focusing on factual data,
