The escalation in the Middle East after the attack on the largest gas field in the worldthe economic uncertainty derived from rising energy prices and the political movements in Spain and internationally mark the current situation. This is how Carlos Alsina summarizes the main news of the day.
Energy and military escalation in the Gulf
The Israeli attack on the gas field South Parisshared by Iran and Qatar, has triggered a rapid response from the Iranian regime. The Revolutionary Guard has threatened and begun attacking energy facilities in the region, including Qatar’s main liquefied gas plant and a fuel depot in the United Arab Emirates.
Both countries had previously warned that the Israeli offensive represented a threat to global energy security. The escalation already has an impact on the markets: the price of crude oil and gas has shot up between 4% and 6%fueling fear of an inflationary rebound.
In this context, the European Central Bank remains cautious and does not foresee, for now, a rate increase. The same line followed Federal Reservewith Jerome Powell in front, referring to the uncertainty of the international scenario.
Israel continues its military offensive in the region, with bombings in Lebanon and the destruction of key infrastructure such as the bridges in the south of the country. In addition, it has intensified its strategy of selective elimination of Iranian leaders, including in recent hours the head of Intelligence.
The message from the Israeli Government is clear: no one has immunity. However, nuances emerge from the United States. The intelligence director maintains that, despite the wear and tear after weeks of conflict, the Iranian regime continues weakened but intactin contrast to the more forceful speech of donald trump and the Israeli Executive.
Sánchez supports the war (against Putin)
In Spain, the Government postpones the completion of its response to the international crisis. The president Pedro Sanchez has asked patience and has avoided detailing measures, while its partners press to include housing policies in the next decree, with Together warning that it could knock him down again.
In parallel, Sánchez has announced together with Volodymyr Zelensky new aid to Ukraine 1 billion euros and an agreement for the joint manufacturing of drones, missiles and anti-missile systems.
Uncertainty also affects General State Budgets. While the president prioritizes the management of the Iranian crisis, the spokesperson Elma Saiz had recently reiterated the commitment to present them this month.
The thaw between Spain and Mexico continues
At the international level, a path of rapprochement is also being opened between Spain and Mexico. The president Claudia Sheinbaum has invited the king Philip VI to visit the country during the next soccer world cupin a gesture that seeks to strengthen bilateral ties. The process could culminate in an exchange of institutional visits throughout the year.
In this context, the Madrid president Isabel Diaz Ayuso has revived the historical debate on the conquest, showing that the political tension It is also projected on the symbolic and diplomatic terrain.
