
Oil prices could surpass $150 per barrel and approach $200 if the Strait of Hormuz blockade persists, according to energy industry analysts — a level that would make a global recession virtually inevitable.
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Argentine President Javier Milei's willingness to send troops to the Middle East if requested by the United States has fuelled growing concern in Argentina, a country that has historically maintained an equidistant stance on international conflicts and where fears of possible reprisals are emerging.
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A Colombian Air Force C-130 Hercules crashed on Monday shortly after taking off from La Tagua airstrip in Puerto Leguízamo, Putumayo, in southern Colombia, with at least 125 people on board. The aircraft was heading to Puerto Asís, also in Putumayo, carrying troops on a routine rotation.
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US President Donald Trump announced on Monday a five-day moratorium on the threatened attacks against Iran's energy infrastructure, hours before the 48-hour ultimatum he issued on Saturday demanding Tehran reopen the Strait of Hormuz was set to expire.
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