- Import-dependent economies are hit hardest, with fuel price hikes and supply strains expected to push up inflation and disrupt transport -...
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Maroc - WN.COM - Africa - 03/Apr 11:51
- Import-dependent economies are hit hardest, with fuel price hikes and supply strains expected to push up inflation and disrupt transport - Governments roll out subsidies, tax cuts and emergency fuel imports to ease shortages and rising pump prices The ongoing US-Israeli war on Iran and Tehran’s retaliation are triggering ripple effects across Africa. Governments are scrambling to cushion fuel shortages, surging pump prices and supply disruptions after the conflict disrupted energy flows through the Strait of Hormuz, a route that carries about a fifth of global oil and gas. Several African nations rely heavily on fuel imports from the Gulf, leaving them vulnerable to global supply...
- Import-dependent economies are hit hardest, with fuel price hikes and supply strains expected to push up inflation and disrupt transport -...
Africa is running low on fuel. The US-Israel-Iran war has sent fuel prices skyrocketing. Are African countries doing enough to calm the fuel market?
Madagascar declared a nationwide state of energy emergency for 15 days on Tuesday, citing disruptions in energy supply caused by the ongoing conflict...
Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war. President Donald Trump and other...
Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war. President Donald Trump and other...
HONG KONG (AP) — China is poised to benefit from the Iran war as global energy disruptions accelerate a shift away from fossil fuels and toward...
HONG KONG (AP) — China is poised to benefit from the Iran war as global energy disruptions accelerate a shift away from fossil fuels and toward...
Governments across South Asia are introducing emergency fuel rationing measures as the US-Israeli military campaign against Iran threatens to prolong...
Union Minister Hardeep Singh Puri heads to Qatar on April 9-10 amidst Middle East tensions and global energy supply worries. This visit follows a...
South Africa has enough fiscal space to extend a fuel-tax cut by two months to cushion consumers from the Iran war oil shock.