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Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default●Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan●Constitutional Court Blocks Shell’s Wild Coast Offshore Exploration Plan●China Pledges US$28 Million Grant to Nigeria as Ties Deepen●Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm●Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit●ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani●Latin American Pulse for Saturday, August 15, 2026●Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default●Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan●Constitutional Court Blocks Shell’s Wild Coast Offshore Exploration Plan●China Pledges US$28 Million Grant to Nigeria as Ties Deepen●Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm●Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit●ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani●Latin American Pulse for Saturday, August 15, 2026●

Asia

Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace deal

Markets-Economic Times · 1h ago · 🇮🇳 India

Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace deal

Crude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent crude closed at $88.52 a barrel while WTI crude settled at $82.40. Attacks within the Strait of Hormuz and disruptions at a Russian port led to a decline in shipping activity. Fortunately, storage levels have proven more resilient, potentially exerting downward pressure on prices.

Read the full story at Markets-Economic Times →

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