Economy

US ‘unsanctions’ Russian oil amid Middle East crisis

“Unsanctioning” Russian oil may cool the market after the US-Israeli attack on Iran sent global crude prices soaring

Middle East tension threatens South African exports

Exporters Western Cape has warned that the conflict is driving up fuel costs and disrupting the shipping of fresh produce to Gulf markets

The Middle East is on fire. Will this gulf become another oil haven?

Constricted global oil supply lines might elevate the Gulf of Guinea to a new strategic importance

Sri Lanka sees strategic appeal of BRICS

Sri Lanka believes it can boost its economic growth by joining the bloc, Harini Amarasuriya has told RT India

US grants India 30-day waiver to import Russian oil

The US claimed the move would ensure stability in the global energy market amid the Middle East crisis

Iran crisis escalates: Oil prices jump as attacks stop Strait of Hormuz shipping

The US-Israeli war against Iran has paralyzed shipping through the vital waterway, choking off critical energy flows from the Middle East