The joint bombardment of Iran by Israel and the United States has sent immediate shockwaves through the global economy, with the impact most visible in oil prices. Brent crude surged more than 8% this morning to nearly $80 a barrel, while European natural gas prices spiked by up to 28% amid fears of prolonged supply disruptions. Commentators note that the strike threatens global supply on two fronts: potential disruption to Iranian oil exports and the risk of restricted trade flows through the Strait of Hormuz, a critical route for global energy shipments. Thami Ngubeni spoke to Andre Thomashausen, Professor Emeritus of International Law at Unisa and German Attorney...

<p>The joint bombardment of Iran&nbsp;by Israel and the United States has sent immediate shockwaves through the global economy, with the impact most visible in oil prices. Brent crude surged more than 8% this morning to nearly $80 a barrel, while European natural gas prices spiked by up to 28% amid fears of prolonged supply disruptions. Commentators note that the strike threatens global supply on two fronts: potential disruption to Iranian oil exports and the risk of restricted trade flows through the Strait of Hormuz, a critical route for global energy shipments. Thami Ngubeni spoke to Andre Thomashausen, Professor Emeritus of International Law at Unisa and German Attorney...</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>