Oil prices hold steady as US and Iran pursue peace talks
Crude benchmarks stabilize near post-conflict lows while traders watch fragile Middle East diplomacy.
Oil prices hold steady as US and Iran pursue peace talks Read More »
Oil Prices
Oil prices drop below 80 dollars following US-Iran agreement
Oil prices dropped below US$80 a barrel following optimism over a US-Iran deal to reopen the Strait of Hormuz and potentially ease sanctions on Iranian crude.
Oil prices drop below 80 dollars following US-Iran agreement Read More »
Oil prices jump as drone strike hits UAE amid tensions
Asian tech stocks rally to record highs even as US markets pull back amid rising Middle East geopolitical risks.
Oil prices jump as drone strike hits UAE amid tensions Read More »
Iran war raises oil prices and weakens many African currencies
Global oil markets react to the Iran conflict causing potential inflation across various African states.
Iran war raises oil prices and weakens many African currencies Read More »
Rand falls as Middle East tensions lift dollar and oil prices
South African rand weakens as stronger dollar and rising oil prices weigh amid ongoing US Iran tensions in global markets.
Rand falls as Middle East tensions lift dollar and oil prices Read More »
Oil prices jump to $100 as US plans Iran port blockade
Global markets face uncertainty as oil prices rise amid US blockade and Iranian threats.
Oil prices jump to $100 as US plans Iran port blockade Read More »
Africa’s fragile economy braces for fallout from soaring oil costs
African central banks face challenges from rising oil prices, risking slower growth, weakened currencies, and disruptions in mining, agriculture, and other key sectors.
Africa’s fragile economy braces for fallout from soaring oil costs Read More »
Rising oil prices from Iran war strain African currencies
The Iran war has driven oil prices higher, increasing fuel costs, inflation risks and currency pressures across African economies heavily dependent on imported petroleum products.
Rising oil prices from Iran war strain African currencies Read More »
South Africa will revise risk scenarios as oil prices surge sharply
South Africa’s central bank will revise its risk scenarios for upcoming rate decisions, focusing on inflation and exchange rate impacts amid rising oil prices.
South Africa will revise risk scenarios as oil prices surge sharply Read More »
Oil surges and stocks fall as Trump demands Iran surrender
Oil prices surged while global stocks fell after attacks on Iraqi oil fields and escalating Iran war tensions, while weak US jobs data added to market uncertainty.
Oil surges and stocks fall as Trump demands Iran surrender Read More »