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Finance & Markets

Ship-Fuel Squeeze Persists Despite More Hormuz Crude, Vitol Says

Accelerating crude exports through the Strait of Hormuz aren’t translating into higher production of a dirty shipping fuel, according to a top Vitol Group executive, tightening supplies and sending prices soaring.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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How Kenya reclaimed East Africa’s largest economy title as Ethiopia’s Birr devaluation shrunk GDP

Kenya has reclaimed its position as East Africa’s largest economy after Ethiopia’s currency devaluation sharply reduced the dollar value of its gross domestic product (GDP), ending five years of…

  • Kenya reclaimed East Africa's largest economy title, growing 13.7% to $135.92 billion in 2025.
  • Ethiopia's GDP decreased to $126.35 billion due to Birr devaluation, dropping to 8th in Africa.

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