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Strait of Hormuz: How will Africa weather the new oil-price shock?

Middle East 1 source 1 country 🔦 Under-reported 40m ago

As oil prices climb above $90 a barrel amidst escalating hostilities between the US and Iran, African economies face mounting inflation and widening budget deficits. From Dangote’s refining to tax cuts and stockpiling, what strategies are in place?

Summary from source
Read the full story at the source The Africa Report · FR
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