Oil shock from Iran conflict may shake African banks  – Fitch

African banking systems could come under fresh pressure if a prolonged Iran conflict drives oil prices sharply higher, with implications for inflation, currencies, and sovereign creditworthiness across the continent, according to Fitch Ratings. In a new report by the global rating agency, Fitch warns that while its baseline outlook, built on a short-lived conflict and […] read more Oil shock from Iran conflict may shake African banks  – Fitch