Oil Prices Cross $100 a Barrel as Iran Conflict Shakes Global Markets. Global oil prices have surged past $100 per barrel for the first time since 2022, as escalating tensions in the Middle East threaten global energy supplies and trigger concern among world leaders. The sharp rise comes amid the ongoing conflict involving Iran, the
By Peter Ongera Global conflicts often reshape economic relationships, supply chains, and geopolitical alliances. The ongoing instability in the Middle East—long a critical hub for global energy supply, has once again highlighted the vulnerability of international markets to regional crises. For Africa, however, such disruptions may also present an opportunity. With strategic planning and coordinated
Ukrainian President Volodymyr Zelensky has proposed deploying his country’s most experienced drone defence specialists to Middle Eastern capitals to help protect civilian populations from Iranian attacks, on the condition that regional leaders secure a temporary ceasefire with Russia in Kyiv’s protracted war. Zelensky made the offer in an interview with Bloomberg News, in which he
Popular Posts
