Asia’s crude imports recover, but remain below pre-conflict levels
Asia’s crude oil imports are recovering from the sharp disruption that followed the escalation of conflict ...
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Tag: Iran conflict
Trump Administration Seeks Additional $87.6 Billion as Congress Questions Iran War Funding
The administration of President Donald Trump has formally requested an additional US$87.6 billion in emergency funding ...
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Botswana Raises Interest Rates as Inflation Surges and Global Energy Shock Intensifies
Botswana has become the first African country to raise interest rates in response to the recent ...
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South Africa Welcomes Iran Ceasefire as Pretoria Calls for Dialogue and Lasting Peace
South Africa has welcomed the announcement of a temporary ceasefire in the recent escalation involving Iran, ...
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Arab economies face up to $200 billion in losses from Iran conflict
Anew assessment by the United Nations Development Programme suggests that escalating hostilities involving Iran could result ...
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US crude rerouted through Panama Canal as geopolitical tensions reshape global oil flows
The redirection of United States crude oil shipments to Asia through the Panama Canal signals a ...
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US Navy declines escort requests in Strait of Hormuz as shipping disruptions intensify
Maritime traffic through the Strait of Hormuz has slowed significantly amid escalating military tensions involving Iran, ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.