#oil-dependency

#oil-dependency

The war on Iran has created a ripple effect in the global oil market, leading to increased prices and supply shortages that could push Africa to rethink its energy strategies.

The United States has designated Venezuela's so-called Cartel de los Soles a foreign terrorist organization, marking the latest escalation in US-Venezuela tensions. Washington alleges Venezuelan President Nicolas Maduro heads the organisation, which, the US says, is involved in widespread corruption and drug trafficking. Maduro denies the accusations amid growing fears of potential US military action in the region, and his government has called the cartel an invention.