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MercoPress, en Español

Montevideo, March 4th 2026 - 17:22 UTC

 

 

Argentina hits oil output record on Vaca Muerta as Brent tops $80 on Iran war
Official data put January production at 4,262,675 cubic meters, topping the previous high set in December 2025

Argentina posted its highest monthly crude output on official record in January, at a time when global energy markets are again under strain from the Iran–Israel–US conflict and renewed pressure on key supply routes.

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Chile: Kast halts transition talks with Boric, citing lack of trust over China-linked subsea cable briefings
Kast said the incoming team had not been given adequate background not only on the cable initiative but also on the country’s fiscal situation and last-minute public-sector appointments
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Uruguay: Orsi defends “stability” in first-year address, announces justice ministry and new projects
Orsi said he will send Parliament a bill to create a Ministry of Justice and Human Rights, alongside a criminal procedure code reform drafted by an advisory group in 2025
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Haddad says Iran conflict should not immediately hit Brazil’s economy
Haddad argued that Brazil is in a “very good moment” for attracting investment. He said that even if short-term turbulence emerges, it should not affect macroeconomic variables
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Revolutionary Guard say Strait of Hormuz is “closed”
The Strait of Hormuz links the Gulf to the Arabian Sea and is critical for global energy exports
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The BCU noted that 12-month inflation fell again in January for a seventh straight month, reaching 3.46%, “approaching the lower bound of the tolerance range” around the official target

Uruguay cuts policy rate to 5.75% after external shock, with inflation still below target

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Hannah Spencer said she felt compelled to call out “politicians and divisive figures that constantly scapegoat and blame our communities for all the problems in society”.

Greens bash PM Starmer and Labour party in a Manchester stronghold

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FIH Group sells Portsmouth Harbor Ferry Company for £11.6m.

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“Over 1,700” targets were struck in the first 72 hours, using a mix of B-1, B-2 and B-52 bombers, alongside fighter aircraft, drones, Patriot and THAAD missile-defense systems

US says it has struck “nearly 2,000” targets in Iran and adds B-52 bombers to the air campaign

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