Daily Archives: 24th July 2026

Before the Iran war, around 15 million barrels of Persian Gulf oil passed through the Strait of Hormuz every day, making the narrow waterway one of the world’s most critical energy chokepoints. At least seven major pipeline projects are underway or planned to reroute oil exports via the Red Sea, Gulf of Oman, and the…

The Trump administration has unveiled a $500 million U.S.-Africa Strategic Investment Program, signaling a major shift in Washington’s engagement with Africa by prioritizing private sector investment over traditional foreign aid while seeking to secure access to the continent’s vast critical mineral resources. The Trump administration launched a $500 million U.S.-Africa Strategic Investment Program. The initiative…