Zim’s gold trade hit by global tensions, soaring shipping costs
Zimbabwe and Ghana are both facing difficulties exporting gold due to disruptions in Middle Eastern trade routes.
Namibia intervenes to protect consumers as fuel prices rise
Namibia’s government will temporarily reduce fuel levies by 50% for at least three months until the end of June in a bid to protect consumers from higher pump prices as the U.S.-Israeli war with Iran continues, the energy minister said on Friday.
World in energy crisis worse than 1970s’ oil shocks combined
The world is facing a worse energy crisis than the twin oil shocks of the 1970s and the fallout of the Ukraine war combined, the head of the International Energy Agency (IEA) has warned.
Don’t call it a fuel crisis, but prepare to pay
Despite government assurances, South Africa’s fuel supply is strained due to the Middle East conflict, resulting in shortages and soaring prices that threaten agricultural yields.
Zim fuel prices rise again
In its latest March 2026 review, the Zimbabwe Energy Regulatory Authority set the maximum pump price of diesel at US$2.05 per litre and blend (petrol) at US$2.17 per litre, up from US$1.77 and US$1.71 respectively announced two weeks ago.
Wealthy Asians move Dubai assets closer to home on Iran war fears
…wealthy Asians are making enquiries or taking similar steps to move their Dubai-parked assets to the regional financial hubs of Singapore and Hong Kong
Iran escalation an opportunity to buy more stocks: JP Morgan
“…current geopolitical escalation should ultimately be an opportunity to add, as fundamentals are positive,” even as markets brace for volatility.
US, Iran crisis hits airline industry
Middle Eastern airlines were severely disrupted… with Emirates canceling 87% of its scheduled flights and FlyDubai canceling 89%. The cancellation rate at Etihad, Gulf Air and Qatar Airways were 67%, 79% and 36% respectively, according to the data.
Investors anxious over Iran crisis
The fast‑moving conflict across the Middle East is heightening investor anxiety and strengthening the case for safe‑haven trades such as treasuries, gold and the Swiss franc. Macro traders said all eyes will be on energy markets when trading fully reopens on Monday, with early indications of volatility also expected when the US dollar and other […]