{"id":207179,"date":"2026-03-03T11:44:25","date_gmt":"2026-03-03T11:44:25","guid":{"rendered":"https:\/\/teknomers.com\/en\/how-the-middle-east-conflict-will-affect-gasoline-prices-according-to-ypfs-president\/"},"modified":"2026-03-03T11:44:27","modified_gmt":"2026-03-03T11:44:27","slug":"how-the-middle-east-conflict-will-affect-gasoline-prices-according-to-ypfs-president","status":"publish","type":"post","link":"https:\/\/teknomers.com\/en\/how-the-middle-east-conflict-will-affect-gasoline-prices-according-to-ypfs-president\/","title":{"rendered":"How the Middle East Conflict Will Affect Gasoline Prices, According to YPF’s President"},"content":{"rendered":"\n
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## Impact of Middle East Conflict on Gas Prices<\/p>\n

Following the recent conflict between Iran, Israel, and the United States, international oil prices have surged significantly, raising concerns about potential increases at the gas pumps. Horacio Mar\u00edn, the president and CEO of YPF, noted that while rising oil prices could impact consumers, this increase would not be automatically reflected in retail prices.<\/p>\n

### Oil Price Surge Explained<\/p>\n

As a backdrop to this discussion, the price of crude oil has risen to about USD 82 per barrel. This spike is largely due to Iran’s position as the fifth-largest crude oil producer globally and its control over the Strait of Hormuz. This vital shipping lane facilitates about one-third of the global oil trade and nearly one-fifth of gas transits. Currently, approximately 15 million barrels of oil are stranded, unable to leave due to blockades imposed by the Iranian regime.<\/p>\n

### Will Consumers Feel the Pinch?<\/p>\n

Mar\u00edn emphasized that the extent of any price increases at the pump will depend on both the magnitude and duration of the fluctuations in oil prices. He expressed that if oil prices stabilize around USD 85 for several months, consumers could eventually see an increase. Conversely, if prices experience a temporary spike\u2014rising to USD 100 one day and dropping to USD 70 the next\u2014the impact would likely be negligible.<\/p>\n

> “Sudden but brief movements in oil prices do not necessarily translate to consumer price increases,” Mar\u00edn stated.<\/p>\n

YPF has implemented a real-time monitoring system for its suppliers, allowing for more precise price management. Recent fluctuations in fuel prices have been more closely associated with increased taxes on liquid fuel (ICL) and carbon dioxide (IDC) rather than sudden oil price changes.<\/p>\n

### A Gradual Adjustment Policy<\/p>\n

Mar\u00edn confirmed that YPF aims for a gradual approach in applying any necessary price adjustments, stating, “We make very slow increases; it’s not like we move everything in a single day.” Such strategic pricing is essential in maintaining consumer trust and managing operational costs.<\/p>\n

### Ongoing LNG Projects Unaffected<\/p>\n

Regarding long-term investments, Mar\u00edn noted that despite the geopolitical tensions, YPF’s plans and financial strategies for liquefied natural gas (LNG) projects remain unchanged. The company is currently working on financing documents for the Argentina LNG project, which underscores its commitment to adhering to its developmental timelines.<\/p>\n

Argentina’s geographical distance from conflict zones positions it as a “safe provider,” similar to the dynamics observed during the Russia-Ukraine war. This scenario creates opportunities for Argentina to capitalize on its energy resources, especially with an oil production rate exceeding 900,000 barrels per day.<\/p>\n

### The Broader Economic Picture<\/p>\n

Last year, Argentina experienced a surplus close to USD 5 billion in the hydrocarbons sector, a significant change from previous years marked by energy trade deficits. This sector is seen not just as a revenue source but as an \u201ceconomic computer,\u201d enhancing the country\u2019s external position and stimulating its productive capacity.<\/p>\n

Daniel Dreizzen, Director of Aleph Energy, highlighted that a sustained increase in international crude oil prices could benefit Argentina\u2019s trade balance by increasing oil export revenues. However, he cautioned that high global gas prices could complicate matters, likely leading to higher import costs in the short term but potentially favoring LNG project viability in the long run.<\/p>\n<\/div>\n


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General News – 2<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

## Impact of Middle East Conflict on Gas Prices Following the recent conflict between Iran, Israel, and the United States, international oil prices have surged significantly, raising concerns about potential increases at the gas pumps. Horacio Mar\u00edn, the president and CEO of YPF, noted that while rising oil prices could impact consumers, this increase would […]<\/p>\n","protected":false},"author":1,"featured_media":207180,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[749,2974,3009,37131,3761,1981,767,49568],"class_list":["post-207179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mazagine","tag-affect","tag-conflict","tag-east","tag-gasoline","tag-middle","tag-president","tag-prices","tag-ypfs"],"_links":{"self":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/207179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/comments?post=207179"}],"version-history":[{"count":1,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/207179\/revisions"}],"predecessor-version":[{"id":207181,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/posts\/207179\/revisions\/207181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media\/207180"}],"wp:attachment":[{"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/media?parent=207179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/categories?post=207179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/teknomers.com\/en\/wp-json\/wp\/v2\/tags?post=207179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}