Middle East conflict
Middle East conflict
Middle East conflict
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FlySafair introduces temporary fuel surcharge after fuel spikes
South African airline FlySafair has introduced a temporary dynamic fuel surcharge after aviation fuel prices at local airports surged by about 70% in the space of a week. The airline…
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Companies evacuate Dubai financial district amid Iran threats
US financial service group Citi and two other companies in Dubai’s financial centre asked employees to evacuate their offices after Iran threatened to strike US and Israel-linked banks.
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SAA monitors Middle East tensions amid fuel supply concerns
South African Airways is monitoring geopolitical developments in the Middle East as the national carrier assesses potential impacts on global jet fuel supply.
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Rising fuel prices set to drive up food and transport costs
Consumers may face significantly higher grocery bills and living costs from April, as anticipated fuel price increases threaten to trigger a wave of price hikes.
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Oil plunges, stocks rally as Trump says war to end ‘very soon’
Crude oil prices dropped sharply as Trump announced the Middle East war could end soon, boosting equity markets amidst ongoing volatility.
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Asian markets plunge as oil soars 30% on Middle East crisis
Asian stock markets plummeted amid a 30% surge in oil prices due to escalating Middle East conflicts, prompting investor concerns about inflation and economic stability.
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Fearful African migrants warily work on through Gulf missile strikes
When blasts rolled across Dubai as air defences intercepted Iranian missiles overhead, Marion Kuria froze as a tremor ran through her building.
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Water emerges as a dangerous new war target
Attacks on water systems are uncommon in wartime, but they have appeared in the war in the Middle East with strikes on desalination plants – critical infrastructure for millions of…
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IEA chief says plenty of oil in market despite Middle East conflict
The International Energy Agency reassures there’s plenty of oil despite Middle East conflicts, urging renewable energy focus and caution against relying on Russia.
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Middle East conflict disrupts Western Cape agriculture and trade
Western Cape exporters face logistical disruptions and rising costs due to the Middle East crisis, impacting agriculture and freight routes significantly.
