“We cannot ignore the potential risk to Africa and assume this continent of 1.3 billion people will blissfully escape the crisis. The world cannot afford the unthinkable consequences of a COVID-19 pandemic in Africa,” Ma’s foundation said in a statement.
Iran launched over a dozen ballistic missiles on multiple bases housing U.S troops in Iraq, in a retaliation attack that spiked oil prices to four-month highs to over $71, after which prices settled to about $69 dollars and 83 cents per barrel. Rolake Akinkugbe-Filani, Managing Director for EnergyInc Advisors joins CNBC Africa to discuss trends that will shape the oil markets this year.
With continued tensions between the U.S and Iran, oil shoots up a further 2 per cent today, pushing Brent above $70 a barrel. How will this surge of oil prices affect South Africa and its economic position for 2020? Annabel Bishop, Chief Economist at Investec joins CNBC Africa for more.
Saudi Arabia's Defence Ministry says it plans to present "material evidence" linking Iran to recent drone attacks on its Aramco oil installations in a news conference later today. To discuss the latest updates on this story, Femi Ojumu, Senior Partner at Femi Ojumu and Co joins CNBC Africa for more.
U.S and China have tentatively agreed to a trade war truce ahead of the G-20 summit scheduled to commence today in Osaka, Japan. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa to discuss expectations for the summit and for a focus on the global oil markets.
Rising U.S crude inventories and escalating political tensions between the United States and Iran continue to impact the global oil markets. Uchenna Minnis, Chief Market Analyst at Eagle Global Market joins CNBC Africa to discuss this and review activities in the global oil market.
Global oil markets remain tight as surging demand from China and U.S sanctions on Iran and Venezuela continue. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa to discuss the trends shaping the global oil market.
Oil prices struck new 2019 highs on Tuesday, supported by supply cuts led by producer club OPEC and U.S. sanctions against Iran and Venezuela. Meanwhile, Producer group, OPEC has cancelled its April meeting leaving production cuts in place until June. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa to discuss trends shaping global oil prices.
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