Horacio Marín, CEO of YPF, stated he is not responsible for inflation in Argentina while acknowledging the impact of the conflict in Medio Oriente on oil prices. He indicated the situation in Medio Oriente has lasted longer than initially anticipated, and YPF will continue to absorb some of the price increases to mitigate the impact on consumers at the pump. Despite these pressures, Marín confirmed there are no plans to lower fuel prices. He also announced YPF anticipates paying over US$1 billion in income taxes next year. The company is navigating global market volatility while fulfilling its financial obligations to the Argentine state. This comes amid ongoing debate about energy pricing and governmental influence in the sector.

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