Handelsavisen observes that Mexican government officials are reporting a significant reduction in violent crime in the state of Michoacán, citing a 37% drop in homicides over the past year.

The announcement was made by President Claudia Sheinbaum during her weekly morning press conference, known as the 'mañanera,' held in Morelia, the state capital.

This policy shift is a direct response to a sharp decline in international crude oil prices, which have fallen approximately 8% in recent weeks.

This development underscores the administration's focus on security improvements in regions historically plagued by cartel violence.

The security update coincides with broader economic adjustments in Mexico.

Recent reports indicate that the government has scaled back fiscal subsidies for Magna gasoline and diesel.

This policy shift is a direct response to a sharp decline in international crude oil prices, which have fallen approximately 8% in recent weeks.