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Eritrea and Egypt sign a maritime transport cooperation agreement in Asmara, formalizing expanded shipping and logistics cooperation across the Red Sea.

Eritrea, Egypt Sign Shipping Pact in Asmara

17/05/2026 - 01:56:30
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401
Guled Abdi
Asmara (Diplomat.so) – Eritrean President Isaias Afwerki received Egyptian Foreign Minister Badr Abdelatty and Transport Minister Lt. Gen. Eng. Kamel al-Wazir in Asmara on Saturday, May 16, where Egypt and Eritrea signed a maritime transport cooperation agreement aimed at establishing new shipping…
Strait of Hormuz, a critical global energy chokepoint where shipping lanes carrying a significant share of the world's oil and gas pass through narrow waters, amid heightened tensions and disrupted maritime traffic.

Asia Faces Second Wave of Energy Shock as Hormuz Crisis Deepens

14/05/2026 - 21:21:18
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Jalajed Aden
Singapore (Diplomat.so) – Asian governments and energy agencies across India, Southeast Asia and East Asia on Thursday, May 14, are confronting a second wave of energy price shocks following continued disruption in the Strait of Hormuz, which has affected global crude oil and liquefied natural gas…
US President Donald Trump gestures while delivering remarks at the White House in Washington, May 11, 2026.

Trump Moves on Gas Tax as Oil Prices Jump Sharply

12/05/2026 - 23:16:57
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Amin Guled
Washington DC (Diplomat.so) - U.S. President Donald Trump announced on Monday, that his administration will suspend the federal gasoline tax following a sharp increase in fuel prices driven by escalating tensions between the United States and Iran and reported disruptions to global oil shipments through…
U.S. President Donald Trump.

Oil Rises Over $104 After Trump Rejects Iran Response

11/05/2026 - 13:12:37
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499
Amin Guled
Washington, D.C. (Diplomat.so) – United States President Donald Trump rejected Iran's response to a US-backed proposal aimed at ending the ongoing conflict on Sunday, calling it unacceptable and triggering immediate market concerns that drove oil prices sharply higher at the opening of trading.
ASEAN leaders pose for a group photograph during the regional summit in Cebu, Philippines, on Friday, where member states adopted contingency measures to address the economic and energy impact of the Iran war.

ASEAN Leaders Approve Regional Fuel Reserve Plan

08/05/2026 - 18:07:48
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Jalajed Aden
Cebu, Philippines (AP + Diplomat.so) - Association of Southeast Asian Nations leaders adopted a regional contingency plan on Friday, May 8, aimed at reducing the economic and energy impact of the Iran war on Southeast Asia during a summit hosted by the Philippines in Cebu province.
U.S. President Donald Trump.

U.S. President Gives EU Deadline Over Trade Deal

08/05/2026 - 12:18:23
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Amin Guled
Washington DC (Diplomat.so) - U.S. President Donald Trump said on Thursday, May 7, that he held a "great" telephone call with European Commission President Ursula von der Leyen in which they discussed Iran's nuclear program and unresolved transatlantic trade commitments affecting tariffs,…
Mogadishu coastal area near Aden Abdulle International Airport in Mogadishu, showing the shoreline adjacent to Somalia's main international aviation hub.

Somalia Aviation Sector Advances with IATA BSP Pilot

08/05/2026 - 02:28:04
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Waeis Amin
Addis Ababa (Diplomat.so) - Ethiopian Airlines, the Addis Ababa-based carrier, on Thursday May 7, joined the IATA Billing and Settlement Plan pilot programme for Somalia during the IATA Focus on Africa conference in Addis Ababa, marking a step toward a nationwide rollout next month.
Kenyan President William Ruto concludes a two-day visit to Tanzania, where both countries reached agreements to boost trade, investment, and regional integration.

Ruto Urges Stronger Kenya-Tanzania Economic Partnership

05/05/2026 - 20:49:21
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Guled Abdi
Dodoma (Diplomat.so) - Kenyan President William Ruto addressed the Parliament of Tanzania in Dodoma on Tuesday, May 5, urging East African Community member states to deepen regional integration through shared infrastructure projects, joint investments, and institutional reforms aimed at boosting trade…
Félix Tshisekedi, President of the Democratic Republic of the Congo.

DRC President Orders Mining Sector Review

29/04/2026 - 00:52:59
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516
Guled Abdi
Kinshasa (Diplomat.so) - Félix Tshisekedi, President of the Democratic Republic of the Congo, ordered a comprehensive audit of mining export revenues and state assets in Kinshasa on Tuesday, April 28, citing systemic losses despite record mineral exports.
Lithium processing facilities at Zimbabwe's Arcadia mine as the country exports its first lithium sulphate cargo, advancing local mineral beneficiation and battery materials production.

Zimbabwe ships Africa's first lithium sulphate cargo

28/04/2026 - 21:55:16
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500
Guled Abdi
Harare (Diplomat.so) – Prospect Lithium Zimbabwe, a subsidiary of China's Zhejiang Huayou Cobalt, shipped Africa's first lithium sulphate consignment from the Arcadia lithium mine near Harare on Monday, 27 April, marking a shift toward local mineral beneficiation and battery-material processing.
Officials from Sierra Leone and Marginal Energy sign offshore oil deal in Paris.

Sierra Leone Signs Offshore Oil Deal With Marginal Energy

24/04/2026 - 15:31:43
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733
Waeis Amin
Paris (Diplomat.so) – Government of Sierra Leone announced on Thursday, 23 April, it had signed a petroleum licence agreement in Paris with Marginal Energy Limited granting offshore exploration and production rights across five blocks.
US forces operate near the Strait of Hormuz as maritime security tensions remain elevated amid ongoing regional instability.

Oil Prices Ease as US-Iran Truce Talks Extended

22/04/2026 - 13:15:40
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639
Jalajed Aden
Singapore (Diplomat.so) – Global oil markets on Wednesday, April 22, reacted to extended US-Iran ceasefire talks and Strait of Hormuz shipping disruptions, with prices easing after early Asian-session gains driven geopolitical uncertainty.
Cargo vessels transit the Strait of Hormuz as regional tensions disrupt one of the world's most critical energy shipping routes.

U.S. Seizes Iranian-Linked Vessel as Strait Traffic Drops

22/04/2026 - 12:39:53
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2070
Amin Guled
Washington, D.C. (Diplomat.so) – U.S. President Donald Trump said Tuesday, April 21, that U.S. forces intercepted a vessel suspected of carrying sensitive cargo near Iran, as maritime traffic through the Strait of Hormuz sharply declined amid escalating tensions.
Mahan Air

US, EU Expand Sanctions on Iran Over Strait Crisis

22/04/2026 - 11:51:12
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581
Amin Guled
Washington, D.C. (Diplomat.so) - The United States Department of State announced on Tuesday, April 21, sanctions targeting eight individuals, four entities, and Iran-linked airline Mahan Air for supporting Tehran's drone and ballistic missile programs.
Sanae Takaichi, Prime Minister of Japan.

Japan Moves to Relax Arms Export Ban in Major Policy Shift

22/04/2026 - 00:53:53
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672
Jalajed Aden
Tokyo (Diplomat.so) – Government of Japan (Cabinet Office) announced on Tuesday, a partial revision of long-standing defense export rules allowing, in principle, the transfer of domestically produced defense equipment, including lethal finished weapons, to overseas partners for the first time since…
Prime Minister Mark Carney

Carney Warns U.S. Trade Shift Threatens Canada Economy

21/04/2026 - 22:17:42
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612
Amin Guled
Ottawa (Diplomat.so) - Prime Minister Mark Carney of Canada said in a video address released Sunday, April 19, that Canada's economic dependence on the United States has become a strategic vulnerability requiring urgent adjustment.
Iranian Foreign Minister Abbas Araghchi says the Strait of Hormuz falls under the territorial control of Iran and Oman [File: Khaled Elfiqi/AP Photo]

Iran Reopens Hormuz Strait, Oil Prices Drop

17/04/2026 - 22:21:46
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610
Aden Abdi
Tehran (Diplomat.so) – Abbas Araghchi, Iran's Minister of Foreign Affairs, announced on Friday, that Iran has fully reopened the Strait of Hormuz to commercial shipping during the remaining period of a temporary ceasefire with the United States.
German arms exports to Israel did not include heavy weapon systems such as tanks or artillery.

Germany Approves €6.6M Arms Exports to Israel

16/04/2026 - 16:44:56
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657
Hared Abdalla
Berlin (Diplomat.so) - Germany's Federal Ministry for Economic Affairs and Climate Action approved €6.6 million in arms export licenses to Israel between 28 February and 27 March 2026 during the early weeks of the Israel–Iran conflict following coordinated strikes that escalated regional tensions.