We're ending the week with gasoline prices climbing and the war escalating. To give you an idea, the US Treasury Department has announced it will temporarily authorize countries to buy Russian oil from tankers in transit.Iran's new supreme leader, son of the previous one, says the Strait of Hormuz will remain closed While Netanyahu remains silent and bombs, Trump speaks to continue occupying the center of the stage alone and says things like the increase in fuel prices is bringing many benefits to American companies.

The price of fuel fell by more than 10% last week in Spain, according to data from the European Union Oil Bulletin published this Thursday, which reflect average prices at service stations throughout the State. The bulletin states the price of 95-octane gasoline stood at €1.61/litre, 11.2% less than last week's €1.81, while the price of automotive diesel was €1.54 per litre, 10% less than the €1.83 of the last week of March.

The escalation in the price of gasoline, which is at an all-time high in Spain, has opened the debate as to whether the Spanish government should lower the taxes it charges on fuel. Electricity taxes were already lowered in September, but fuel taxes were not. The future leader of the PP, Alberto Núñez Feijóo, accused the State of "making a killing" with the rise in prices and employers' association Foment del Treball called on the Treasury to stop making "windfall profits", in an allusion to electricity companies' inflated profits.