The ongoing conflict in the Middle East continues to stoke uncertainty in global financial markets, as investors weigh the risk of supply disruptions. The price of Brent Crude Oil jumped close to 84 dollars per barrel, marking its highest-level since July 2024. The US and Israel’s collaborative attack on Iran, which resulted in retaliatory action by Iran has entered a …

Iran’s Ambassador to South Africa briefs the media amid the conflict currently on in his country. LIVE:         www.sabcnews.com, https://www.sabcnews.com/sabcnews/live-irans-ambassador-to-sa-briefs-media/

South Africa are out of the ICC Men’s T20 World Cup in India and Sri Lanka. After bossing the tournament, winning seven out of seven, the Proteas froze when it mattered most. New Zealand, soundly beaten by the South Africans in the group stage, beat the Proteas by nine wickets in the first semi-final in Kolkata. Put into bat, the …

Türkiye said that NATO air defences destroyed a ballistic missile fired from Iran as it headed into Turkish airspace on Wednesday, marking the first time the alliance member has been drawn into the expanding Middle East conflict. It was unclear where the missile was headed, but a NATO spokesperson said the trans-Atlantic defence bloc condemned Iran’s targeting of Türkiye and that …

 Britain needs to keep a cool head over the conflict in the Middle East to address the public’s concerns about escalation, Prime Minister Keir Starmer said on Wednesday. Starmer was speaking after US President Donald Trump heaped fresh criticism on his leadership over Britain’s limited support for US strikes on Iran. “I know the whole country is worried about the potential for escalation,” …

Manchester City manager Pep Guardiola and Arsenal counterpart Mikel Arteta share a common goal in their battle for Premier League supremacy but are going about achieving it in very different ways. While leaders Arsenal have become kings of the set piece this season, scoring 33% of their 58 goals from such situations, including 16 from corner routines, City have largely …

 Airline stocks in Asia and Europe extended losses on Tuesday as the US and Israeli air war against Iran escalated, with carriers monitoring fuel price spikes and passengers scrambling to find flights or alternative routes out of the Middle East. Major Gulf hubs including Dubai, the world’s busiest international airport and normally handling more than 1,000 flights a day, remained closed for …

Brokerages, including J.P Morgan and Bernstein, expect Brent prices to rise above the $100 mark if the conflict continues as Tehran has vowed to close the Strait of Hormuz and said it would fire on any ship trying to pass the crucial shipping route for oil and gas. Brent crude futures were up $5.63, or 7.2%, at $83.36 a barrel by 1254 …

 A Tunisian court on Tuesday sentenced the country’s richest businessman, Marouan Mabrouk, son-in-law of former president Zine El Abidine Ben Ali, to 20 years in prison, and former prime minister Youssef Chahed to six years, in corruption cases, lawyers said. Mabrouk has been held in prison since late 2023. Chahed, who served as prime minister from 2016 to 2020, is currently abroad. …

If successful leadership at presidential level is measured in terms of GDP growth rate, reduction in unemployment and levels of Investment in Infrastructure (Gross Fixed Capital Formation). Then there is no leader that has matched the success of the Thabo Mbeki presidency at municipal, provincial or national level not even the Western Cape and the City of Cape Town. That …