International oil prices remained volatile during the week ending on March 12, 2026 as revealed by the Central Bank of Kenya (CBK) in it’s weekly report. CBK said the prices of oil increased from $76.25 (Ksh 9862.94) on March 5, 2026 to $92.13 (Ksh 11917.02) “International oil prices remained volatile during the week with Murban
China has issued a firm diplomatic warning rejecting any foreign strikes on the newly appointed Supreme Leader of Iran, signaling what officials describe as a red line in an intensifying Middle East conflict sparked by U.S. and Israeli military operations. Beijing’s statement, delivered on March 9 by Foreign Ministry spokesman Guo Jiakun, underscores China’s broader push
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
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