A 7.4 magnitude earthquake jolted Colombia, also impacting Ecuador, resulting in over a hundred deaths in Colombia and an international response underway.
President Abelardo de la Espriella declared a disaster and established an emergency committee to address the effects of an earthquake that has left several victims in the country.
Oil prices rose early this week in response to ongoing uncertainties regarding the reopening of the Strait of Hormuz and tensions between Iran and the United States.