Mexico power outage hits 4.7M users, billions in industrial losses

A major power outage in northern Mexico left over 4.7 million users without electricity and disrupted industrial operations, including maquiladoras, steelmakers, and glassmakers, with losses estimated in the billions of dollars. The event underscores Mexico's fragile energy infrastructure and lack of reserve capacity, raising concerns about supply reliability for industry and foreign investment. The full scope of the outage and recovery timeline remains unclear.