Tag: energy crisis
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UAE Quits OPEC After Nearly Six Decades in Historic Energy Shift
The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective...
Ashanti Communities Plunge into Darkness as Akosombo Fire Crisis Deepens
The ripple effects of last Thursday's fire at the Ghana Grid Company Limited (GRIDCo) substation at Akosombo continued to batter the Ashanti Region on...
Hormuz Blockade Sends Oil Toward US$100 as Markets Brace for Shock
The United States Navy's blockade of Iranian ports, declared Monday after peace talks in Islamabad collapsed, has pushed Brent crude close to $100 a...
Oil Prices Crash and Asian Markets Surge on US-Iran Ceasefire Deal
Oil prices fell sharply and stock markets rallied across Asia on Wednesday after the United States and Iran agreed to a two-week ceasefire, easing...
Oil Stays High Despite Relief Rally on US-Iran Ceasefire Deal
Global financial markets surged Wednesday after the United States and Iran agreed to a two-week ceasefire, but a leading financial analyst is warning investors...
