Business
Military Escalation in the Gulf: Global Oil Markets React as US Strikes Iranian Targets.
14 hours ago
Brent crude prices surged by over 2% following targeted US military strikes in southern Iran. The escalation comes at a sensitive time as diplomatic efforts in Qatar face delays, leaving the global energy market on edge regarding the stability of the Strait of Hormuz.
Economy
The Iran Conflict: How the Middle East Energy Crisis is Rattling African Economies.
April 7, 2026 at 11:41 AM
As the conflict in Iran closes the Strait of Hormuz, Africa faces an unprecedented energy shock. With global oil prices exceeding $100 per barrel, nations across the continent are struggling with fuel shortages, surging inflation, and the limits of their internal refining capacity.






