Africa Links 24 with Tannan Groenewald
Published on 2026-04-10 06:12:17
Oil Market Developments and Namibia’s Fuel Prices
GLOBAL oil prices have again experienced a highly volatile few days. On 7 April, Brent crude in Namibia dollar terms closed 60% above its pre-conflict level. The following day, a US-Iran ceasefire announcement wiped out much of that premium in a single session. By mid-day yesterday, prices had already begun climbing again as vessel traffic through the strait remained negligible and doubts over the ceasefire’s durability grew.
As…
Read the Full article on The Namibian
