TEHRAN, IRAN – MARCH 10: Smoke rises among the residential buildings following an Israeli attack on Tehran, Iran on March 10, 2025. Israeli army’s announcement of a new wave of attacks on Tehran. (Photo by Fatemeh Bahrami/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Oil rose Thursday, after fresh strikes on Iran by…
PARIS, FRANCE – JUNE 24: Pedestrians use umbrellas to shield from the sun as record-breaking high temperatures continue in Paris on June 24, 2026 in Paris, France. Li Yang | China News Service | Getty Images Europe wants to narrow its record trade deficit with China by October, but the bloc’s worst-ever heat wave is…
Large commercial vessels and a small boat navigate the waters off the southern port city of Bandar Abbas, Iran on June 21, 2026. Anadolu | Anadolu | Getty Images A tanker in the Strait of Hormuz was reported to have been struck by a projectile on Saturday, the latest escalation of tensions between the U.S….
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…
The African Union (AU) Commission expresses its deep concern over the renewed escalation of hostilities between the United States of America and the Islamic Republic of Iran, despite ongoing diplomatic efforts aimed at reducing tensions and advancing a peaceful resolution. The Commission believes that these developments risk further destabilising an already fragile situation and threaten…
In response to xenophobic tensions, African ambassadors clarify they are postponing their own Africa Day celebrations for security reasons, not boycotting the main event in South Africa. African ambassadors to South Africa did not inform Pretoria, as reported, that they intended boycotting an Africa Day event in Moruleng, North West yesterday, to protest against xenophobic…
The Senegalese capital Dakar is hosting the 10th International Forum on Peace and Security in Africa on Monday and Tuesday – an anniversary edition taking place against a backdrop of major geopolitical shifts across the continent and competition over the continent’s resources. Thirteen years after its launch, the forum is being held in what organisers…
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on March 13, 2026. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets were mostly higher Monday, as investors continue to keep a cautious eye…
The price of crude oil has risen to over $100 per barrel from $90 in the global market, following the collapse of talks between the United States and Iran over the weekend. Crude oil prices had dropped to $90 per barrel from $100 last week, as market watchers anticipated that the talks would culminate in…
African assets have outperformed broader emerging markets since the start of the Iran conflict, challenging perceptions of the continent as a high-risk investment destination. Bloomberg data shows African local-currency bonds have declined less than the wider emerging-market index during the period. Over the past 12 months, they have delivered roughly double the returns of their…
