Paris, France, March 3, 2026 (AFP) - Mideast war threatens to spark world energy crisis

NAMPA / AFP
2026-03-03
Asia and Europe's oil reserves can soften the immediate impact of the Middle East war sparked by US and Israeli strikes on Iran, but a prolonged conflict could trigger major disruptions and sharp price increases, analysts warn. Here are facts and expert views on some of the possible impacts on the world energy market from the conflict in a key oil- and gas-producing region. - Gulf crisis - Saudi Arabia is the world's second?biggest oil producer......
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WINDHOEK, 03 March 2026 - Hilaria Mukapuli, chairperson of the Parliamentary Standing Committee on Budget and Finance speaking at the Analysis of the National Budget workshop. (Photo by: Andreas Thomas) NAMPA

WINDHOEK, 03 March 2026 - Hilaria Mukapuli, chairperson of the Parliamentary Standing Committee on Budget and Finance speaking at the Analysis of the National Budget workshop. (Photo by: Andreas Thomas) NAMPA

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NKURENKURU, 03 March 2026 - The Nkurenkuru Vocational Training Centre officially opened its first trainee intake, on Tuesday, signalling a step to grow skills and jobs in Kavango West. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 03 March 2026 - The Nkurenkuru Vocational Training Centre officially opened its first trainee intake, on Tuesday, signalling a step to grow skills and jobs in Kavango West. (Photo by: Lylie Joel) NAMPA

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NKURENKURU, 03 March 2026 - The Nkurenkuru Vocational Training Centre officially opened its first trainee intake, on Tuesday, signalling a step to grow skills and jobs in Kavango West. (Photo by: Lylie Joel) NAMPA

NKURENKURU, 03 March 2026 - The Nkurenkuru Vocational Training Centre officially opened its first trainee intake, on Tuesday, signalling a step to grow skills and jobs in Kavango West. (Photo by: Lylie Joel) NAMPA

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WINDHOEK, 02 March 2026 - Policymakers, regulators, supervisors, law enforcement agencies, intelligence services, reporting entities and civil society at the National Risk Assessment (NRA) workshop. (Photo: Contributed)

WINDHOEK, 02 March 2026 - Policymakers, regulators, supervisors, law enforcement agencies, intelligence services, reporting entities and civil society at the National Risk Assessment (NRA) workshop. (Photo: Contributed)

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WINDHOEK, 02 March 2026 - The Okandjoze Chiefs Assembly met with President Nandi-Ndaitwah at State House to reaffirm their stance on the genocide repatriation related to the Ovaherero and Nama communities. (Photo by: Simsolia Kambonde) NAMPA

WINDHOEK, 02 March 2026 - The Okandjoze Chiefs Assembly met with President Nandi-Ndaitwah at State House to reaffirm their stance on the genocide repatriation related to the Ovaherero and Nama communities. (Photo by: Simsolia Kambonde) NAMPA

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Windhoek, 26 February - Commissioner of the Namibia Revenue Agency, Sam Shivute at the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

Windhoek, 26 February - Commissioner of the Namibia Revenue Agency, Sam Shivute at the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

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Windhoek, 26 February- Prime Minister Elijah Ngurare at the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

Windhoek, 26 February- Prime Minister Elijah Ngurare at the tabling of the 2026/27 Appropriation Bill. (Photo by Eba Kandovazu). NAMPA

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Windhoek, 26 February- Minister of Education, Innovation, Sports, Arts and Culture, Sanet Steenkamp. (Photo by Eba Kandovazu). NAMPA

Windhoek, 26 February- Minister of Education, Innovation, Sports, Arts and Culture, Sanet Steenkamp. (Photo by Eba Kandovazu). NAMPA

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