Global oil market shaken as UAE leaves OPEC, increasing pressure on African producers.
Fresh instability could be emerging in global oil markets following the decision by the Organization of the Petroleum Exporting Countries […]
Global Trade
Russia broadens trade presence in North Africa
Russia is seeking to reconfigure elements of its global trade network by reducing reliance on Western-dominated shipping systems, with North
Ukraine summons Israel’s ambassador over allegedly stolen grain being shipped to Haifa
Kyiv has warned Israel of a brewing diplomatic crisis, should authorities permit a vessel carrying grain allegedly stolen from Russian-occupied
Shipping traffic through Hormuz remains low amid stalled US-Iran talks
Commercial shipping traffic remained low around the Strait of Hormuz over the past 24 hours ending at 1200GMT on Monday
The China-Africa Entrepreneurs Summit calls for closer China-Africa business cooperation.
Senior government officials and business leaders at the China-Africa Entrepreneurs Summit have urged stronger cooperation between both regions to drive
Maersk halts container shipments, shaking vital Horn of Africa trade route
A.P. Moller–Maersk, one of the world’s largest container shipping companies, has temporarily stopped accepting new bookings to and from Somaliland’s
Oman launches an investment bank in Angola to strengthen trade ties with Africa
Oman has introduced a new corporate investment bank in Angola as part of a broader strategy to strengthen its financial
Malaysia deepens Namibia partnership on trade and energy
Malaysia is moving to deepen its economic and diplomatic ties with Namibia as the southern African country’s Minister of International
Oil prices rise after Trump says Iranian ship seized
Global oil prices rose in Monday morning trade in Asia after President Donald Trump said the US has intercepted and
Oil prices plunge as markets rally after Strait of Hormuz reopens
Global oil prices tumbled sharply on Friday while stock markets surged, after Iran announced the full reopening of the Strait