African fuel-tax relief nears expiry as Botswana, Zambia restore levies and South Africa spends $610mn

DMEA - Downstream Middle East & Africa
By Newsbase 9 November 2026
Six months after the Middle East oil shock, African governments are diverging on who pays for it. Botswana and Zambia are clawing back fuel-tax revenue, Mozambique wants a higher levy, while South Africa, Kenya and Ghana are forgoing revenue.

Four tankers catch fire in Strait of Hormuz after mine strikes, Iran says

MEOG - Middle East Oil & Gas
By bnm Tehran bureau 9 November 2026
The Iranian army’s navy said an oil tanker had caught fire after striking a sea mine east of the Strait of Hormuz, bringing the number of vessels hit in the strategic waterway on a single day to four.

Ethiopia to redirect up to $543mn in World Bank funding to cushion fuel crisis

DMEA - Downstream Middle East & Africa
By Newsbase 9 November 2026
Ethiopia plans to reallocate up to $543mn in existing World Bank financing to ease mounting fuel import costs and FX pressures, without taking on new emergency loans.

Vietnam's Kinh Bac starts 180-MW wind farm in Gia Lai

AsiaElec - Asia Power
REM - Renewable Energy
By IntelliNews - New Taipei Bureau 8 November 2026
Construction of the 180-MW Van Canh 2 wind farm began on November 7 in Gia Lai province in central Vietnam.
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