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Mexico Slashes Pemex Support Up to 70% on Oil Rally Cash Surplus
OilPrice.com·MX · US · IL·3 days ago
Mexican authorities are pivoting from seizure-based anti-piracy operations to a broader strategy targeting the financial networks and organized crime structures behind counterfeiting, while addressing customs enforcement gaps. The shift signals a recognition that seizures alone have failed to curb the trade. The effectiveness of the new approach remains unproven, and the specific operational details are not disclosed.