Iran war
Fuel crisis closes 425 gas stations nationwide
AI द्वारा रिपोर्ट किया गया AI द्वारा उत्पन्न छवि
A total of 425 out of 14,485 gas stations nationwide were temporarily closed as of March 27 due to the fuel crisis triggered by the Iran war, according to the Philippine National Police. The Cordillera Administrative Region recorded the highest number at 79, while President Ferdinand Marcos Jr. declared a national energy emergency.
Kenya's foreign exchange reserves dropped by Ksh 47.5 billion to USD 13.656 billion, providing 5.8 months of import cover, the Central Bank of Kenya announced. The decline comes amid export disruptions from the Iran war and looming fuel shortages. Officials say the reserves still meet statutory requirements.
AI द्वारा रिपोर्ट किया गया
South African petrol prices will rise by R3.06 per litre to R23.25 inland from midnight on 1 April, while diesel reaches a record R26.11 per litre after a R7.51 increase. The hike stems from global oil prices exceeding $100 per barrel amid the Iran war and a weakened rand. A temporary R3 per litre reduction in the fuel levy cushions the impact.
The People’s Bank of China has named continued stability of capital markets a priority for 2026 amid a global sell-off driven by worries over the Iran war. The statement was published on Thursday as the Shanghai Composite Index dropped 1.39 per cent.
AI द्वारा रिपोर्ट किया गया
As detailed in earlier coverage of initial BRICS fractures and market shocks from the US-Israeli war on Iran, the bloc's expanded membership continues to hinder a unified response. New members Iran and UAE are directly opposed, with India's chairmanship reluctant to force consensus ahead of its summit.