Iran war hits China’s sulphur imports as economic fallout from conflict grows

The escalating conflict in the Middle East is having a direct impact on China’s access to sulphur – a raw material for producing fertiliser – just as the country enters its vital spring planting season. With China sourcing a large chunk of its sulphur from the Persian Gulf, the effective closure of the Strait of Hormuz is already sending prices for the chemical shooting upwards as Chinese buyers complain of tightening supplies. China relies on imports for 47 per cent of its sulphur supply,...

By Mia Nurmamat

Bapco Energies Declares Force Majeure After Refinery Attack

Bahrain's Bapco declares 'force majeure' after Iran strikes: What it means

Bahrain's state oil company declared force majeure on shipments after Iranian strikes ignited a fire at its largest oil facility. The attack, which caused material damage but no casualties, escalates regional tensions and disrupts vital energy corridors. This development follows a series of strikes on energy installations amid the widening conflict.

By TOI WORLD DESK

With oil prices surging and the conflict in the Middle East intensifying, the economic stakes for China are rising

Επίθεση σε διυλιστήριο στο Μπαχρέιν – Η Bapco κηρύσσει «ανωτέρα βία», δηλώνοντας αδυναμία τήρησης συμβολαίων

Η κρατική πετρελαϊκή εταιρεία του Μπαχρέιν, Bahrain Petroleum Company (Bapco), ανακοίνωσε τη Δευτέρα την κήρυξη κατάστασης force majeure στις δραστηριότητες του ομίλου, έπειτα από επίθεση που σημειώθηκε στο συγκρότημα διυλιστηρίων πετρελαίου της εταιρείας. Ο όρος force majeure χρησιμοποιείται στις διεθνείς συμβάσεις και σημαίνει «ανωτέρα βία», δηλαδή μια κατάσταση κατά την οποία μια εταιρεία αδυνατεί προσωρινά να τηρήσει τις συμβατικές της υποχρεώσεις λόγω απρόβλεπτων και ανεξέλεγκτων γεγονότ...

Bahrain’s Bapco announces force majeure on operations

Bapco Energies declared force majeure on its group operations on Monday following a recent attack on its refinery complex, the company said. Bapco said that all domestic market needs remain fully secured and supplies will continue without disruption, supported by proactive plans in place. (Reuters)

By Newsroom

Dangote, Otedola, Rabiu, others make Forbes African billionaire list

The billionaires’ net worths were calculated using stock prices and currency exchange rates from the close of business on 1 March, while the net worth changes were measured from Forbes’ 2025 Billionaires List, published in March 2025. The post Dangote, Otedola, Rabiu, others make Forbes African billionaire list appeared first on Premium Times Nigeria.

By Akin Oyewobi

The 10 richest Africans in 2026: the Forbes ranking - Seneweb

The 10 richest Africans in 2026: the Forbes ranking  Seneweb