US EditionAfrica Braces for Middle East Conflict Fallout on Fuel
5 Articles
5 Articles
Iran, whose economy is largely dependent on oil revenues, is one of the 10 largest producers in the world, with about 3.1 million barrels per day.
Africa braces for Middle East conflict fallout on fuel
Oil prices jumped after the impact of the conflict between the US, Israel, and Iran expanded beyond Gulf states, offering short-term fiscal relief for African crude producers while raising fresh inflation risks for the continent’s fuel importers. JPMorgan said a prolonged conflict could push crude above $100 a barrel, helping bolster revenues at a time of strained public finances and heavy debt loads in producers such as Angola, Equatorial Guine…
This Sunday, oil prices shot 13% in the opening of the markets, with the conflict that resulted from the North American and Israeli attacks against Iran. Petroleum prices shot 13% About 23:15...
The price of oil has risen sharply this morning due to the war that began in the Middle East over the weekend. However, according to an expert, the full impact of the war on Estonian gas stations has not yet materialized.
The director of the Honduran Association of Petroleum Distributors (Ahdippe), Saraí Silva, warned in the last few hours that the price of fuels can suffer an increase due to the crisis in the Middle East. The entry Ahdippe warns that conflict in Iran will cause an impact on the price of fuels was first published in Digital Process.
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