Mogadishu (Diplomat.so) – Türkiye's ultra-deepwater drilling vessel, Çağrı Bey, arrived in Somali waters off Mogadishu on Sunday, April 5, to begin the country's first offshore oil drilling campaign at the Curad-1 well. The project marks a key milestone in bilateral energy cooperation…

Abuja, Nigeria (Diplomat.so) – The World Bank has approved a $500 million low-interest credit, to support Nigeria's agricultural sector through the Nigeria Sustainable Agricultural Value-Chains for Growth Project (AGROW), targeting smallholder farmers, agro-processing, and market linkages.

Accra (Diplomat.so) - Ghana's Ministry of the Interior confirmed on Thursday, that Burkina Faso has lifted its suspension on fresh tomato exports, a move expected to ease supply constraints and stabilise prices in Ghanaian markets.

Tehan (Diplomat.so) - The United Nations Development Programme warned Tuesday, that one month of war in the Middle East could erase last year's economic growth across Arab countries and trigger a sharp contraction in Iran.

Kuala Lumpur (Diplomat.so) - The Government of Malaysia confirmed on Wednesday, April 1, that Malaysian vessels awaiting passage through the Strait of Hormuz will transit without paying fees to Iranian authorities, Communications Minister Fahmi Fadzil, who also serves as government spokesperson, said…

Cairo (Diplomat.so) – African Export-Import Bank (Afreximbank) has underwritten US$2.5 billion of a US$4-billion senior syndicated term loan in favor of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) on Tuesday, strengthening the refinery's financial base and supporting its long-term…

New Delhi (Diplomat.so) – The Reserve Bank of India (RBI) triggered a sharp rebound in the Indian rupee on Tuesday, by capping banks' net open foreign-exchange positions at $100 million per day, marking its most decisive currency intervention in over a decade.

Addis Ababa (Diplomat.so) - The Ethiopia Investment Commission said it secured $13 billion in investment commitments during a national conference in Addis Ababa that concluded Friday, drawing foreign investors into manufacturing, energy, and agriculture sectors, according to Reuters.

Moscow (Diplomat.so) – The Russian government has issued a decree prohibiting the export of refined gold bars weighing more than 100 grams from the country, effective May 1, 2026, President Vladimir Putin announced on Thursday.

Manila (Diplomat.so) – Petron Corporation received a shipment of over 700,000 barrels of Russian crude oil at the Limay port near Manila, marking the first direct import from Russia to the Philippines in five years, sources told AFP on Thursday.

Washington, D.C. (Diplomat.so) – U.S. President Donald Trump on Tuesday said the Iran had presented what he described as a "very large" gesture related to oil and gas, while confirming that the United States is maintaining communication with intermediaries in Iran amid efforts to pursue a…

Singapore (Diplomat.so) – Singapore's Minister of Foreign Affairs, Vivian Balakrishnan, warned on Monday, that escalating conflict involving Iran could trigger a severe economic crisis across Asia by disrupting critical energy supplies through the Strait of Hormuz.

Paris (Diplomat.so) – International Energy Agency Executive Director Fatih Birol stated that more than 40 energy assets across nine Middle Eastern countries have suffered "severe or very severe" damage following the U.S.-Israeli war on Iran, during a recent speech in Canberra, Australia, on…

Washington, D.C. (Diplomat.so) - The United States Department of the Treasury on Friday authorized the sale and delivery of Iranian oil and petroleum products stored aboard tankers at sea until April 19, a targeted measure aimed at easing pressure on global energy prices amid disruptions linked to conflict…

Moscow (Diplomat.so) – Russia has emerged as a major financial beneficiary of the ongoing Middle East conflict, with new estimates indicating that Moscow is earning an additional $150 million per day from oil sales, stabilizing its previously strained budget, according to government and industry sources.

Abuja (Reuters + Diplomat.so) - Nigeria's Foreign Minister Yusuf Tuggar told Reuters on Thursday that Gulf oil and gas producers should view Nigeria as a strategic partner rather than a competitor, as escalating conflict in Iran threatens global energy supply chains.

Bamako (Diplomat.so) - Drivers across Bamako faced a growing diesel shortage on Thursday after the Malian Oil Companies Association confirmed that limited fuel supplies were being redirected to the state power utility Énergie du Mali to support electricity generation during a period of rising outages.

Tehran (Diplomat.so) - Iranian Parliament Speaker Mohammad Baqer Qalibaf sharply criticized the United States on Tuesday after US Energy Secretary Chris Wright posted—and then deleted—a claim that the US Navy had escorted an oil tanker through the Strait of Hormuz. The White House promptly denied…

Tehran (Diplomat.so) - The Islamic Revolutionary Guard Corps (IRGC) announced on Tuesday, that it will block all oil exports from the Middle East if U.S. and Israeli military attacks on Iranian infrastructure persist, marking a sharp escalation in a conflict now entering its 10th day.

Mogadishu (Diplomat.so) - Fuel retailers across Somalia sharply increased diesel and gasoline prices on Tuesday, as global energy markets tightened following supply disruptions linked to the ongoing conflict involving Iran in the Middle East.