Economy

Dangote refinery boosts fuel exports as Africa grapples with supply crunch

Nigeria’s Dangote refinery has increased fuel and urea exports as the US-Israel war with Iran disrupts supply and raises costs across Africa

Russia Negotiating Oil Supplies to Alternative Consumers

Dmitry Peskov said there is a huge number of requests to purchase Russia's energy resources

Middle East crisis will increase inflationary pressure globally

Mikhail Mishustin noted that a number of countries are forced to limit exports to protect their domestic markets and the interests of their consumers

Moody’s cuts India GDP forecast to 6% amid Iran conflict risks

Moody’s cut India’s 2026-27 GDP forecast to 6% from 6.8%, warning that the Iran conflict may raise inflation and slow growth

Middle East conflict could trigger Africa cost of living crisis and slow growth

Report warns Middle East conflict may raise food and fuel prices in Africa, disrupt trade and slow growth across the continent

‘Not easy for Africa’: fuel prices rise amid global energy crisis

Africa faces mounting economic pressure as global energy shocks push fuel costs higher, highlighting dependence on fragile supply chains, experts warn