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The May 12 price adjustment is official — diesel crossed $3/gallon for the first time, stations in Quito and Guayaquil are running dry, and Ecuador is importing 65% of its fuel. The refinery FCC unit restarts May 15.
Israeli Foreign Minister Gideon Saar is visiting Ecuador as part of a broader Latin American diplomatic push, with negotiations beginning on a trade agreement and expanded security cooperation including surveillance technology and agricultural innovation.
President Daniel Noboa will join five other Latin American leaders at a Trump-hosted summit in Miami on March 7, forming a regional bloc focused on countering China’s influence, boosting security cooperation, and expanding trade — with Ecuador’s new US deal as the centerpiece.
