Oil slides 2% as markets look past fresh Iran tensions and focus on supply outlook

Oil slides 2% as markets look past fresh Iran tensions and focus on supply outlook

Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil extended declines on Friday as investors monitored developments in the Middle East conflict while assessing whether recent diplomatic efforts would reduce the risk of supply chain disruptions. International benchmark Brent crude futures for August…

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Africa: AUC Chairperson This Morning Received H.E. Ali Akbar Rezaei, Ambassador of the Islamic Republic of Iran

Africa: AUC Chairperson This Morning Received H.E. Ali Akbar Rezaei, Ambassador of the Islamic Republic of Iran

The Chairperson of the African Union (AU) Commission, H.E. Mahmoud Ali Youssouf this morning received H.E. Ali Akbar Rezaei, Ambassador of the Islamic Republic of #Iran to the Federal Democratic Republic of Ethiopia & Permanent Representative to the African Union. During their discussions, the Chairperson underscored the longstanding & constructive relations between the Islamic Republic…

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