COGNICURRENT

The Federal Public Ministry of Brazil has appealed to the Regional Federal Court to continue judicial proceedings regarding oil exploration in the Amazon estuary in Pará and to annul the environmental license granted to Petrobras.

Ukraine's Foreign Ministry criticizes Hungary for politicizing the repair of the damaged Druzhba oil pipeline, emphasizing the need for condemnation of Russian aggression.

Germany is exploring an unexpected tax on oil companies to alleviate fuel prices exacerbated by the ongoing war in Iran.

Ukraine's Foreign Ministry states it has no knowledge of an EU mission to inspect the damaged Druzhba oil pipeline, amid a dispute regarding its operation.

Lithuania's Energy Ministry announced that 'Orlen Lietuva' is to release 80,000 tons of fuel reserves in response to global oil market disruptions due to the Iran conflict.

The Czech Ministry has confirmed that gas stations are not exploiting the oil crisis for profit.

The Indian government assures that there is no shortage of LPG and petroleum products amidst geopolitical tensions.

Cuba experienced a nationwide blackout, the sixth in a year and a half, attributed to a total disconnection of the national electrical system amid an ongoing energy crisis exacerbated by U.S. oil embargoes.

The Ukrainian Foreign Ministry has dismissed Hungary's allegations that Ukraine declined to participate in discussions about the Druzhba oil pipeline.

Iranian Foreign Ministry's chief A. Araghchi has stated there are no reasons to negotiate with the United States, citing their recent aggressive actions.

Iran's Foreign Ministry calls on nations to refrain from actions that may escalate the conflict amid rising tensions in the region.

Sujata Sharma, Joint Secretary (Marketing and Oil Refinery) of the Ministry of Petroleum and Natural Gas, urged the public to avoid rumors and panic buying regarding LPG during a press conference.

China has announced $200,000 in aid to Iran to assist them during the ongoing conflict in the Middle East, which has been affecting global oil and gas supply.

India's Ministry of External Affairs discusses the ongoing talks with Iran regarding shipping security as tensions in the Middle East escalate, particularly affecting global oil supply through the Strait of Hormuz.

Finland's Ministry of Finance is grappling with significant challenges in formulating an accurate economic growth forecast amid heightened uncertainty due to the Iran conflict.

The South Korean government announces plans to increase the operational rates of nuclear and coal power plants to counteract the long-term high oil prices caused by U.S.-Iran tensions, while also accelerating the transition to renewable energy.

New Zealand's Ministry of Foreign Affairs and Trade warns that escalating conflicts in the Middle East could lead to higher global oil prices, impacting fuel costs in New Zealand.

Iraqi authorities are searching for alternative oil export routes due to disruptions in the Strait of Hormuz caused by the ongoing conflict in the region.

This news segment covers various events occurring in Brazil, including a political shift as Haddad prepares to leave the ministry to run for governor, and reactions to the soaring price of oil.

Haddad will leave his ministry next week to run for the government of São Paulo, while other political and social issues are addressed in Brazil and beyond.

Iran's foreign ministry spokesperson accuses the United States and Israel of attempting to infringe on Iran's sovereignty and seize its oil reserves amid ongoing tensions.

Saudi Arabia's Defense Ministry reported the interception and destruction of four drones targeting the Shaybah oil field near the UAE border.

Saudi Arabia's defense ministry warned Iran against miscalculating amid increased tensions following recent attacks in the Persian Gulf region.

Korea's Justice Minister Jeong Seong-ho has ordered a strict response to collusion and unfair trading practices in the oil market, categorizing them as serious anti-social crimes.

Bahrain's Ministry of Interior reports an attack on an oil refinery in the Ma'ameer industrial zone, with smoke observed rising from the area.

Liberia's Ministry of Commerce announced that fuel prices will remain unchanged despite increasing global oil prices due to consultation with industry stakeholders.

Iraq has experienced a nationwide blackout affecting all provinces, confirmed by the Ministry of Electricity, with the cause still unclear.

Russia's Finance Ministry has announced a suspension of foreign currency and gold transactions in March as it revises the oil price benchmark for its budget rule due to a significant budget deficit.

India's Oil Ministry has pledged to secure energy supplies for consumers as tensions rise in the Middle East.

In response to growing economic concerns due to the shifting dynamics in the Middle East after the U.S. and Israel's attacks on Iran, the South Korean government has elevated its emergency response organization and initiated a crisis management system.

The Syrian Ministry of Energy denies any current shortage of oil derivatives amidst regional tensions and global energy market fluctuations.

A drone attack on an oil refinery in Saudi Arabia was intercepted, resulting in no injuries and only limited fire damage according to the defense ministry.

South Korean Prime Minister Kim Min-seok urged government ministries to proactively prepare countermeasures for various scenarios in light of escalating tensions in the Middle East.

Ukraine's Ministry of Foreign Affairs has rejected claims made by Hungary’s Foreign Minister regarding conditions for resuming oil supplies via the Druzhba pipeline.

Cuban border guards killed four gunmen on a US-registered speedboat amid heightened tensions with the US, according to the Cuban Interior Ministry.

Slovakia's Ministry of Economy announced that Russian oil supplies through the Druzhba pipeline via Ukraine are expected to resume on Thursday after a delay.

The Slovak Ministry of Economy announced that Russian oil supply via the 'Druzhba' pipeline through Ukraine is expected to resume on Thursday.

Ukraine's Foreign Ministry condemned Hungary and Slovakia for 'ultimatums and blackmail' related to energy supply amid tensions over Russian oil transit.

Ukraine has been threatened by Hungary and Slovakia regarding oil supply, prompting a response from the Ukrainian Ministry of Foreign Affairs.

Russia's defense ministry claims to have shot down 113 Ukrainian drones targeting an oil refinery during a recent attack.

The Federal Public Ministry recommended suspending environmental licensing phases for oil exploration by Petrobras in the Foz do Amazonas.

The Federal Public Ministry (MPF) in Brazil has recommended that Petrobras and the environmental agency Ibama suspend oil exploration licensing at the Amazon Delta and conduct a thorough environmental impact assessment.

Opposition parties in Namibia are rallying against a proposed oil bill that aims to transfer regulatory powers from the Ministry to the Presidency, citing concerns over political interference and corruption.

Namibia's Ministry of Industry raises objections to the acquisition deal between TotalEnergies and Petrobras, citing lack of prior notification and legal requirements for approval.

According to the Russian Ministry of Finance, the budget deficit surged to 1.7 trillion rubles in January, almost half of the Kremlin's annual deficit target, due to a 50% drop in oil and gas revenue and falling prices for Russian oil.

India is considering the option of importing oil from Venezuela amidst ongoing discussions of a trade deal with the US.

The geopolitical standoff over Cuba has begun, with significant changes as Cuba's foreign ministry expressed willingness for respectful dialogue and expanded cooperation with the United States following Trump's announcement of talks with Castro's government.

Russia's Defense Ministry alleges that Ukraine launched drone attacks that targeted Greek-owned oil tankers in the Black Sea, marking an escalation in maritime conflicts in the area.

Russia's Defense Ministry accused Ukraine of attacking a Greek-owned oil tanker in the Black Sea, part of a series of maritime strikes in the region.

The Russian Defense Ministry reported that two Ukrainian drones attacked the Kazakh-commissioned oil tanker Matilda in the Black Sea while it was en route from Russia's port of Novorossiysk.