Brent Crude Climbs More Than 4% as Washington and Tehran Clash Over Control of Critical Waterway
Oil prices surged on Monday after the United States and Iran traded attacks in an…
Global Energy Markets
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Oil Prices Surge Past $93 as Israel Strikes Lebanon, Threatening Strait of Hormuz Flows
Brent crude jumped more than 3% to $96.24 a barrel on Monday after fresh Israeli…
Tullow Oil Signals Potential Cash Flow Surge as Global Oil Prices Approach $100
Rising global oil prices could significantly boost the financial outlook of Tullow Oil plc, with…
Benso Oil Palm Leads Ghana Stock Exchange Gainers as Market Cap Reaches GH¢282.9 Billion
Shares on the Ghana Stock Exchange continued their upward momentum during the March 11 trading…
Dangote Refinery Warns of Rising Fuel Pressure as Global Shipping Costs Surge to $3.5 Million per Cargo
Global fuel markets are experiencing intense volatility as escalating tensions in the Middle East disrupt…
African Fuel Importers on Alert as Middle East Conflict Threatens Global Oil Supply Routes
Fuel-importing economies across Africa are increasingly on edge as tensions involving Iran, the United States…
Nigeria Launches $750 Million Solar Mini-Grid Programme to Expand Electricity Access
The government of Nigeria has unveiled a $750 million renewable electrification programme aimed at dramatically…
Middle East Tensions Drive Oil Prices Higher, Exposing Africa’s Energy Dependence
Rising geopolitical tensions in the Middle East are sending shockwaves through global energy markets, pushing…
Oil Climbs Above $80 as Hormuz Fears and Middle East Escalation Fuel Risk Premium
Global oil markets pushed decisively higher Tuesday, with Brent crude settling above $80 a barrel…
Oil Surge After U.S.–Iran Strikes Threatens Fresh Inflation Shock Across Africa
A conflict thousands of kilometres away is once again reverberating through African economies. Within hours…
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