Indian refiners that have bought Iranian crude under the one-month U.S. waiver on Iran’s oil on tankers are settling the purchases in Chinese yuan via the Shanghai office of...
Oil prices climbed sharply in early Asian trade on Monday, as the U.S. Navy intercepted an Iranian vessel it accused of attempting to break its blockade. The seizure reignited...
Australian gold producer West African Resources Limited suspended trading in its shares on the Australian Securities Exchange on Friday, as investors weighed a government move in Burkina Faso that could significantly...
The family office of Indian tycoon Gagan Gupta has agreed to fund a second gold mine in Mali, strengthening its exposure to West Africa’s mining sector despite ongoing tensions...
Data from the Central Bank of Nigeria showed that exports totalled 31.31 million barrels in January and 24.08 million barrels in February. Average daily production stood at 1.46 million...
Gautam Adani has overtaken Mukesh Ambani to become Asia’s richest person, according to the latest data from the Bloomberg Billionaires Index. As per the rankings released on Friday, Gautam...
One year after Treasury Secretary Scott Bessent publicly blasted the International Monetary Fund and the World Bank for deviating from their core missions in favor of trendier pursuits, the...
The world has lost over $50 billion worth of crude oil that has not been produced since the Iran war began nearly 50 days ago and the aftershock of...
Damage caused to energy infrastructure in Gulf states would cost $58 billion to repair, Rystad Energy estimated this week, suggesting the fallout of the war between the U.S. and...
The International Monetary Fund (IMF) and the World Bank have announced the resumption of ties with Venezuela under the Latin American nation’s interim leader. The Washington, DC-based financial institutions...