Global oil prices have dropped sharply, while stock markets have rallied, following a conditional two‑week ceasefire agreement between the United States and Iran, which includes the reopening of the strategically vital Strait of Hormuz. Although benchmark Brent crude fell by about 13% to $94.80 per barrel, prices remain significantly higher than pre‑conflict levels, when oil was trading at around $70 per barrel on February 28.

Thami Ngubeni spoke to Matthew Cruise, an Energy Analyst and Snior Energy Expert at IMPOWER.

Global oil prices have dropped sharply, while stock markets have rallied, following a conditional two‑week ceasefire agreement between the United States and Iran, which includes the reopening of the strategically vital Strait of Hormuz. Although benchmark Brent crude fell by about 13% to $94.80 per barrel, prices remain significantly higher than pre‑conflict levels, when oil was trading at around $70 per barrel on February 28.
Thami Ngubeni spoke to Matthew Cruise, an Energy Analyst and Snior Energy Expert at IMPOWER.

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Global oil prices drop sharply following conditional US–Iran ceasefire

Madagascar has declared a two‑week nationwide state of energy emergency amid severe fuel shortages caused by the war involving the United States, Israel and Iran. The presidency said the decision was taken following Tuesday’s Cabinet meeting, amid fears that the situation could lead to public disorder.

Several African governments have responded to surging global oil prices, driven by the conflict involving Iran, by implementing sharp fuel‑price increases, energy‑saving measures or electricity rationing, among other interventions.

Thami Ngubeni spoke to Madagascar‑based Lawyer and Analyst, Advocate Toki Ramilison.

Madagascar has declared a two‑week nationwide state of energy emergency amid severe fuel shortages caused by the war involving the United States, Israel and Iran. The presidency said the decision was taken following Tuesday&rsquo;s Cabinet meeting, amid fears that the situation could lead to public disorder.
Several African governments have responded to surging global oil prices, driven by the conflict involving Iran, by implementing sharp fuel‑price increases, energy‑saving measures or electricity rationing, among other interventions.
Thami Ngubeni spoke to Madagascar‑based Lawyer and Analyst, Advocate Toki Ramilison.

Madagascar declares two‑week nationwide state of energy emergency amid severe fuel shortages

Global markets are reportedly on pause, with traders hesitant to take large positions as a deadline set by United States President Donald Trump looms. The South African Rand traded weaker in early deals earlier today, as investors remained on edge ahead of the deadline for Iran to reopen the strategically vital Strait of Hormuz. 

The uncertainty has kept markets cautious and reluctant to take big positions until greater clarity emerges on the geopolitical outlook.

Thami Ngubeni spoke to Independent Economist John Loos.

Global markets are reportedly on pause, with traders hesitant to take large positions as a deadline set by United States President Donald Trump looms. The South African Rand traded weaker in early deals earlier today, as investors remained on edge ahead of the deadline for Iran to reopen the strategically vital Strait of Hormuz.&nbsp;
The uncertainty has kept markets cautious and reluctant to take big positions until greater clarity emerges on the geopolitical outlook.
Thami Ngubeni spoke to Independent Economist John Loos.

Global markets on pause as traders await clarity ahead of Trump’s deadline

Global markets are reportedly on pause, with traders hesitant to take large positions as a deadline set by US President Donald Trump looms. The South African rand traded weaker in early deals earlier today, as investors remained on edge ahead of the deadline for Iran to reopen the strategically vital Strait of Hormuz. The uncertainty has kept markets cautious and reluctant to take big positions until greater clarity emerges on the geopolitical outlook.

Thami Ngubeni spoke to Independent Economist John Loos.

Global markets are reportedly on pause, with traders hesitant to take large positions as a deadline set by US President Donald Trump looms. The South African rand traded weaker in early deals earlier today, as investors remained on edge ahead of the deadline for Iran to reopen the strategically vital Strait of Hormuz. The uncertainty has kept markets cautious and reluctant to take big positions until greater clarity emerges on the geopolitical outlook.
Thami Ngubeni spoke to Independent Economist John Loos.

Global oil prices drop sharply following conditional US–Iran ceasefire

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