Stock Markets Rattled and Energy Prices Soar After Strikes on Qatar Gas Hub

Oil prices ease and world shares are mixed as energy supply worries over Iran war remain

HONG KONG (AP) — Oil prices on Friday pared earlier gains on the intensifying Iran war, falling back to around $108 a barrel, as Iran strikes Gulf energy facilities, while world shares were mixed following Wall Street losses. U.S. futures edged up 0.1%. Oil prices had a roller-coaster day on Thursday with the Brent crude, the international standard, briefly surging to around $119 per barrel as attacks by Iran on oil and gas facilities around the…

Africa: Oil Price Surge Is Hurting African Economies - Scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa Take Stock

Analysis - The attacks by the US and Israel on Iran, which started on 28 February 2026, upended key supply chains, driving oil prices above US$100 a barrel. The spike followed Iran's closure of the Strait of Hormuz in response to the US and Israeli action. About 20% of the world's oil supplies are transported through the strait.

Why Cheap Bread Matters So Much in Egypt

When Egypt moved to cap the price of unsubsidized bread just last week, it was not just to prevent price manipulation following a recent surge in fuel costs. Rather, it was also a response to a deeper, decades-old equation that links food, politics, and national stability. The current price cap follows a sharp increase in fuel prices, itself linked to wider geopolitical tensions affecting energy markets. As transport and production costs rise, b…

IRAN WAR UPDATES: Trump threatens to strike world’s largest gas field

U.S. President Donald Trump has vowed the United States will "massively blow up the entirety" of the world's largest gas field if Qatar is attacked by Iran again.

REVEALED: Cafe items price surging as result of fuel crisis

A takeaway bagel and smoothie are among the menu items soaring in price as WA’s hospitality sector bears the brunt of Australia’s escalating fuel crisis.

Doha Film Institute Unveils Projects Set for Qumra Event That Has Moved Online Due to Iran War

The Doha Film Institute’s Qumra Arab film industry incubator — which has been scrapped as a physical event and moved online due to the ongoing U.S.-Israel-Iran war — has unveiled the 49 projects from 39 countries that will be on digital display from March 27-April 8. Features set to be unveiled to industry and festival […]