In a strategic move to mitigate supply disruptions, ships carrying Russian crude oil are en route to India, responding to the ongoing turmoil in the Middle East. This development, reported on Octob…
As tensions rise in the Gulf region, India is voicing concerns over the closure of the Strait of Hormuz, a vital artery for global oil shipments. This development, announced on 3rd October 2023, ha…
India has declared its energy landscape as 'comfortable' amidst escalating tensions in the Middle East, with Australia and Canada stepping in to offer gas supplies. This development highlights the …
Former US President Donald Trump recently announced plans to implement swift actions aimed at controlling rising fuel prices, a significant issue affecting economies globally, including those in Af…
Fitch Ratings has issued a stark warning about the anticipated rise in electricity price volatility across Europe, predicting significant impacts on energy markets in the coming months. The announc…
If the ongoing conflict in the Middle East intensifies, oil prices could soar to $150 per barrel, causing significant repercussions for global markets and particularly for African economies. This w…
In a bold move, former President Donald Trump has pledged to implement measures aimed at stabilising rising oil prices amidst escalating tensions in the Middle East. This announcement follows repor…
The European Union (EU) has condemned aggressive climate policies implemented by various nations, warning that such measures could hinder global cooperation on climate change. This announcement com…
At the recent United Nations Climate Conference, Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change, emphasised that climate cooperation is crucial for a…
US mortgage rates have surged to 6% after a three-week decline, driven by rising oil prices and climbing bond yields. This shift poses significant implications for South Africa's economy, particula…
Goldman Sachs has flagged potential disruptions in India's energy supply chain due to extreme heat in the Middle East, signalling broader implications for African economies reliant on energy import…
The US stock market plunged today, with the Dow Jones Industrial Average falling by 800 points, while the S&P 500 and Nasdaq also experienced declines. The market's downward trend follows a dra…
