The International Monetary Fund has projected global economic growth to slow to 3.1 percent in 2026, citing rising geopolitical tensions, particularly the ongoing conflict in the Middle East, as a …
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Three supertankers laden with oil have passed through the Strait of Hormuz amid the fragile truce between the United States and Iran, according to shipping data. Iran’s blockade of the …
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Oil prices plunged below US$100 in early Asian trading on Wednesday after President Trump announced a conditional two-week ceasefire agreement with Iran. At the time of writing, WTI had dropped …
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The International Monetary Fund (IMF) is set to appoint Zeine Zeidane as Director of its African Department, placing a seasoned policymaker at the helm of one of the institution’s most …
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Oil prices surged in early Asian trade on Thursday April 2, 2026, after President Trump signaled that Washington would continue its military campaign against Iran, including potential strikes on energy …
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The Africa Export-Import Bank (Afreximbank) raised US$2 billion via a three-year dual-tranche syndicated loan, its largest-ever such transaction, it said on Monday. The issue raised US$1.73 billion and €228 million, …
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Traders bet hundreds of millions of dollars on oil contracts just minutes before US President Donald Trump announced on Monday, March 23, 2026 that the US would postpone strikes against …
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The price of Brent crude oil has risen back above US$100 a barrel, after plunging on Monday, as conflicting accounts of potential talks between US and Iran emerged. On Tuesday …
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The Saudi Food and Drug Authority (SFDA) of the Kingdom of Saudi Arabia, has tightened controls on poultry and table egg imports in one of the most extensive updates in …
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Global economic growth to remain steady if oil price shock is not prolonged – Fitch
Global economic growth should be steady this year, provided the current oil price shock is not prolonged, Fitch Ratings has disclosed in its latest March 2026 Global Economic Outlook (GEO). …

