Africa Could Emerge As The Biggest Winner In Iran War ...Middle East

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Africa Could Emerge As The Biggest Winner In Iran War
source : OILPRICE ( Middle East ) () 51
The ongoing Middle East conflict has upended global energy markets, cutting off supplies of approximately  8 million barrels of crude per day and 20% of liquefied natural gas (LNG). Brent crude has surged more than 50% to around $110/bbl since the conflict erupted in late February, while the U.S. stock market has lost nearly $4 trillion. Previously, we reported that Russia has emerged as the biggest winner of the war, with the conflict providing a strategic "economic lifeline" to Moscow by elevating oil prices, distracting Western allies from…

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