Iran war: African governments call on public to conserve fuel
In response to the crisis in the Middle East, African governments are urging people to conserve energy while seeking ways to soften the impact of rising prices.
By David Renke
In response to the crisis in the Middle East, African governments are urging people to conserve energy while seeking ways to soften the impact of rising prices.
By David Renke
The war in Iran is driving up oil prices, weighing on South Africa’s economy and exposing the country’s dependence on imports.
By Andreas Sieren
So far, consumers in supermarkets have felt little impact from the attack on Iran. But the situation is likely to change in a few months. Already, business and political leaders are scrambling to come up with possible relief measures.
By Frederik Bombosch, Julia Dahm, Steffen Bach and Henrike Schirmacher
The escalation in the Middle East is posing economic challenges for Nigeria. Rising import prices and capital flight are threatening the country’s hard-won economic recovery.
By Silas Jonathan
Rising energy and transportation costs resulting from the war in Iran are causing acute hardship in regions affected by hunger in the Global South, explains Rafaël Schneider of Welthungerhilfe. But serious consequences are also expected in the medium term.
By David Renke