East - eriinfo

Africa: Crude Oil – Middle East Crisis Pushes Buyers to Focus On Nigeria, Other African Producers

eriinfo.com2 months ago09 mins

Global energy analysts have predicted that Nigeria, along with other oil-producing African countries, will become a major beneficiary of the ongoing Middle East conflict. According to industry observers, leading energy giants in Africa, including Nigeria, Libya, Angola, Gabon, Mozambique, Namibia, and Tanzania, are increasingly seen as lower-risk alternatives to Middle Eastern crude suppliers. The ongoing…

Special Operations Forces, Marines and Army troops now in Middle East, sources say

eriinfo.com2 months ago03 mins

Hundreds of U.S. Special Operations Forces, including Navy SEALs and Army Rangers, are now in the Middle East, as well as thousands of Marines and Army paratroopers, according to sources familiar with the deployments. The sources said having the forces in the region gives President Trump military options in Iran, including operations that could target…

More than 3,500 U.S. Troops arrive in Middle East as Iran war strikes intensify

eriinfo.com2 months ago09 mins

More than 3,500 U.S. troops, including the USS Tripoli with about 2,500 Marines, arrived in the Middle East, officials announced Saturday, as strikes in the Iran war intensified. The U.S. Central Command said in a social media post that the USS Tripoli, which serves as the flagship for the Tripoli Amphibious Ready Group / 31st…

Africa

East Africa: Israel Says Iranian Missiles Could Reach East Africa

eriinfo.com2 months ago02 mins

Nairobi — Israel has said that Iran possesses missile capabilities that could reach parts of East Africa, including the cities of Mogadishu, Addis Ababa, Nairobi and Juba, according to a statement by Israel’s embassy in Kenya. The embassy said that a 4,000-kilometre radius stretching from Tehran extends across much of the Horn of Africa and…

Africa

East Africa: AU Appoints Ex-Tanzania Leader Horn, Red Sea Envoy

eriinfo.com2 months ago03 mins

Hargeisa — The African Union has appointed former Tanzanian President Jakaya Mrisho Kikwete as its High Representative for the Horn of Africa and the Red Sea, in a move aimed at strengthening diplomatic efforts in one of the continent’s most strategically sensitive regions. The appointment was announced on Tuesday by the Chairperson of the African…

Africa

Africa: The Likely Shape of the New World Order Evolving in the Middle East (I)

eriinfo.com2 months ago013 mins

Before February 28, 2026, (that is about three weeks ago) the main topic of discussion among analysts of geo-politics was on the declining status of the United States of America as global hegemon. On parameters of judgement including economic performance, global trade and commerce, innovation, research, military power, political and diplomatic influence, analysts across the…

Africa

Africa: The Consequences of the Middle East Conflict On African Economies

eriinfo.com2 months ago07 mins

Nairobi — The effects of the conflict in the Persian Gulf are beginning to be felt worldwide. In addition to the impact on energy markets caused by the closure of the Strait of Hormuz, one of the less well-known but no less serious consequences affects African economies. This applies not only to macroeconomic effects such…

Bitcoin rises as Middle East turmoil sparks gold debate

eriinfo.com2 months ago010 mins

Bitcoin is now worth $68 705, still off its high of $126 220. (Graphic: Nicola Mawson | Freepik, Pexels & US Govt.) As the war in the Middle East rages on and oil continues its surge, having hit $119 a barrel last week, Bitcoin is up 6.5% month-on-month, and some analysts and researchers say it…

Africa

Africa: Middle East War Could Reverse Disinflation Trend – Cppe

eriinfo.com2 months ago08 mins

The war has triggered a surge in crude oil prices above $100 per barrel, driven by heightened risks to global supply routes, including the Strait of Hormuz. The Centre for the Promotion of Private Enterprise (CPPE) has warned that the rising global oil prices, driven by the US/Israel and Iran conflict, could undermine Nigeria’s disinflation…

Trump weighs options for Iran’s nuclear stockpiles as more Marines and warships head to Middle East

eriinfo.com2 months ago03 mins

Sri Lanka refused permission to the United States to station two of its warplanes at a civilian airport in the island’s south in early March, President Anura Kumara Dissanayake said Friday. Washington wanted to relocate two of its missile-armed aircraft from a base in Djibouti to Sri Lanka’s civilian Mattala International Airport, Dissanayake told parliament. …