Paris, France, March 17, 2026 (AFP) - War fuels fears of new oil crisis

NAMPA / AFP
2026-03-17
Attacks on oil infrastructure in the Gulf region and soaring oil prices are raising the spectre of a new oil crisis, although economists say we're not quite there just yet. - What is an oil crisis? - An oil shock is generally understood to mean a supply shortage that sparks a sharp rise in oil prices and consequently a negative impact on global economic growth, although there is no single definition. The world is currently experiencing an ener......
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OTJOMBINDE, 13 March 2026 - Omaheke Governor Pijoo Marikutuka Nganate officiating the launch of the Otjombinde Sports Field construction. (Photo: Contributed)

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OTJOMBINDE, 13 March 2026 - Omaheke Governor Pijoo Marikutuka Nganate (C) officiating the launch of the Otjombinde Sports Field construction. (Photo: Contributed)

OTJOMBINDE, 13 March 2026 - Omaheke Governor Pijoo Marikutuka Nganate (C) officiating the launch of the Otjombinde Sports Field construction. (Photo: Contributed)

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SESFONTEIN, 14 March 2026 - School learners pictured during the Kunene Regional Career Fair. (Photo: Contributed)

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EPUKIRO, 13 March 2026 - Epukiro schools received donations from the Omaheke Regional Council. (Photo: Contributed)

EPUKIRO, 13 March 2026 - Epukiro schools received donations from the Omaheke Regional Council. (Photo: Contributed)

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