The Fed's actions led to a significant sell-off in dollar rates, with the 10-year treasury rate at a high of 4.50%, a level not seen since 2007.
We can expect that, as far as possible, the next cuts in the TPM will remain in the more conservative range of the corridor presented in the last IPoM.
The market for this key fuel for the economy faces restrictions.
The region may be one of the pillars of the energy transition, but it is also highly vulnerable to climate change.