Irish cabinet meeting to be held to discuss ongoing fuel protests
Hundreds of petrol stations in the Republic of Ireland have run out of fuel as the protests and blockades continued for a fifth day.
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KPA in the spotlight as investigations centre on 60,000 tonnes fuel shipment
MT Paloma’s current position as shown by ships tracking portal Vessel Finder. IMAGE/UGC. By PATRICK MAYOYO [email protected] The Kenya Ports Authority (KPA) and its harbour master are facing intense scrutiny after it emerged that a vessel carrying 60,000 metric tonnes of fuel at the heart of a growing corruption probe was granted preferential exemptions to…
Vietnam’s gig workers slammed by rising fuel costs amid fallout of Iran war | Business and Economy News
Ho Chi Minh City, Vietnam – After a long day of ferrying passengers to and fro recently, e-hailing driver Nguyen was dejected to find he had spent half of his earnings on fuel. “I drove for around seven or eight hours, making around 240,000 Vietnamese dong [$9.11] and then I paid 120,000 Vietnamese dong [$4.56]…
Africa Faces Fuel, Food Price Shock As Hormuz Disruption Deepens
Kampala — The Africa Supply Chain Confederation says the continent is bracing for rising fuel and food prices following the escalating disruptions in the Strait of Hormuz. This critical global oil transit route has been partially blocked due to the war in Iran. Ronald Mlalazi, the Confederation’s President, says the war involving Iran has moved…
Africa: Fossil Fuel Giants Block Pro-Climate Audiences From Seeing Ads On X, Investigation Finds
A new Global Witness report reveals the tactics fossil fuel companies employ to exclude potential critics from seeing their ads on X New research by Global Witness uncovers how major fossil fuel companies use ad targeting to hide their advertising from millions of X users that are most likely to challenge them. The report reveals…
Iran peace hopes fuel relief rally
The 10-year Treasury yield was relatively unchanged on Wednesday as the prospect of a resolution to the Iran conflict lifted investor sentiment. The yield on the 10-year Treasury rose less than 1 basis point to 4.315%. The 2-year yield dropped 1 basis point to 3.789%, while the 30-year Treasury yield was up more than a basis point at 4.906%….
Africa: Iran War Drives Fuel Shock Across Africa As Govts Scramble to Respond
The war involving Iran is pushing fuel prices higher across Africa, forcing governments to take emergency measures as supply tightens and costs rise, according to a Bloomberg report. Several countries have moved to cushion the impact. Namibia is cutting fuel levies, while Kenya plans to use petroleum taxes to cap prices. In Egypt, authorities imposed…
Government steps in as fuel shock hits
The government said on Tuesday that it would temporarily reduce its general fuel levy by R3/l for one month to offset the impact of the Iran war on domestic fuel prices. However, the move was still not enough to prevent petrol and diesel prices surging on Wednesday, with diesel set to cost up to R7.51/l…
Fuel tax halved and free public transport offered as war pushes up prices in Australia
Victoria and Tasmania are incentivising commuters not to drive in a bid to ease cost pressures.
Africa: Dangote Refinery Sells Fuel Across Africa After Reaching Full Capacity
Dangote Petroleum Refinery & Petrochemicals has begun exporting fuel across Africa after reaching full production capacity, marking a shift in regional fuel supply dynamics. The refinery shipped about 456,000 tons of petroleum products in its first export wave, representing less than a fifth of its monthly output. The facility ramped up to its full capacity…