Botswana and Zambia have restored fuel taxes after suspending levies earlier in 2026, while South Africa…
Tag: oil prices
Oil Prices Fall as Trump’s Midterm Defeat Shakes Markets
Oil prices and the dollar fell after Democrats won control of both chambers of Congress in…
Oil Prices Rise as Hormuz Attack Raises Supply Concerns
Oil prices are heading for a fourth consecutive monthly gain as tensions between the United States…
Euro Weakens as Energy Price Surge and French Unrest Rattle Markets
High oil and natural gas prices, alongside political unrest in France, weakened the euro and intensified…
Oil Prices Surge as Iran Deploys New Tactics to Target Tankers
Oil prices rose as Iran deployed new tactics to target ships amid escalating Middle East tensions.…
Oil Prices Rise as Saudi Attacks Raise Supply Concerns
Brent crude hits a near two-week high as attacks on Saudi Arabia raise supply concerns. Tanker…
UNDP Warns Fuel Subsidies Could Exceed $1 Trillion
Global fuel subsidies could exceed $1 trillion this year as the Iran war drives higher energy…
Asia’s Crude Imports Recover As Refined Fuel Supply Remains Tight
Asia’s crude imports are rising as Strait of Hormuz flows recover, but volumes remain below pre-conflict…
Rise in Oil Prices as Investors Doubt US-Iran Peace Talks
Oil prices climbed on Friday as investors questioned the chances of a breakthrough in US-Iran peace…
JPMorgan Sees No Clear Endgame For Oil Markets
JPMorgan says it has no clear baseline for oil markets as prolonged conflict keeps global supply…