Relief for Africa as Iran fully reopens Strait of Hormuz amid fragile ceasefire
A sense of relief is rippling through global energy markets, with particular significance for African economies, after Iran signalled it would reopen one of the world’s most critical oil routes during an uneasy pause in Middle East hostilities. Abbas Araqchi, Iran’s foreign minister, said in a post on X that passage for all commercial vessels […] read more Relief for Africa as Iran fully reopens Strait of Hormuz amid fragile ceasefire
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