AGP Executive Report
Last update: 2 hours agoFuel Crisis Watch: Ecuador’s gasoline shortage is still biting hard in Quito and Guayaquil, with drivers reporting 72-hour lines and pumps limiting fills to $15–$20 worth—often just a small amount of the cheaper Ecopaís blend—after authorities blamed hoarding ahead of the May 11 monthly price update. Diplomacy Under Strain: President Daniel Noboa met U.S. Vice President JD Vance in Washington to deepen cooperation on drugs and security as Ecuador-Colombia tensions worsen over border security, illegal mining, and narcotics. Trade & Security Pressure: A U.S. congressional letter is demanding answers and a pause to alleged U.S.-Ecuador joint operations in northern Ecuador amid claims of civilian harm. Business & Investment: Payments firm RS2 signed a long-term processing deal that expands acquiring and issuing services into Ecuador, while Dynacor posted record Q1 results. Energy & Oil Reality Check: An OLACDE report says Latin America and the Caribbean boosted oil output 20% in 2025, with China the top export destination. Industry News: Tincorp completed its Santa Barbara Metals acquisition in Ecuador’s Zamora belt.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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