… This came after Iran's Revolutionary Guards threatened to target US interests in the Middle East if its tankers come under fire -- as they had done on Friday when a US fighter jet fired on and disabled two Iran-flagged vessels in the Gulf of Oman to prevent them from continuing t …
… low By Reuters May 10, 2026 06:27 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Jag Vasant, an Indian-flagged tanker carrying liquefied petroleum gas (LPG) that transited through the Strait of Hormuz amid the Middle East …
… Other anticipated agenda points include concerns over global economic inequality, rising borrowing costs affecting African economies, and the wider impact of geopolitical tensions in the Middle East on food security and economic stability across the continent. …
… The war in the Middle East, unleashed February 28 by Israel and the United States against Iran, provoked reprisals from Tehran across the region and a shipping blockade in Hormuz, a crucial global trade route. …
… The latest violence threatens to unravel a fragile truce in effect since April 8 that brought an end to weeks of US-Israeli attacks on the Islamic republic, which has retaliated with strikes across the Middle East and by blocking the strait, a vital route for oil and gas shipment …
Kenya has cut the country’s economic growth forecast for 2026 to five per cent, citing the Middle East conflict that has driven up oil import costs and destabilised supply chains. …
… In an unprecedented attack, Trump last month took to social media to call the pope "WEAK on crime, and terrible for foreign policy".His remarks came after Leo called for peace in the Middle East war launched by Israel and the United States. …
High fuel costs threaten aviation sector recovery efforts The widening conflict in the Middle East, pitting Israel and America against Iran, has begun to reverberate far beyond the region, in ways scarcely imaginable half a year ago. …
Kenya’s foreign reserves dropped by about $800 million (Sh103 billion) in five weeks up to late April, as the Central Bank of Kenya (CBK) used them to support the shilling during rising global oil prices caused by Middle East tensions, which have strained households and businesse …
India's GDP expanded 7.8 percent year-on-year in the January-March quarter, beating economist forecasts of 7.2 percent, boosted by trade gains including an EU agreement and reduced U.S. tariffs. However, the RBI has raised its inflation forecast to 5.1 percent and cut its growth projection to 6.6 percent for the coming year, citing Middle East conflict disruptions to energy supplies.
India's GDP expanded 7.8 percent year-on-year in the January-March quarter, beating economist forecasts of 7.2 percent, boosted by trade gains including an EU agreement and reduced U.S. tariffs. However, the RBI has raised its inflation forecast to 5.1 percent and cut its growth projection to 6.6 percent for the coming year, citing Middle East conflict disruptions to energy supplies.
Deloitte East Africa experts expressed cautious optimism about Kenya's 2026/27 budget, saying it balances fiscal realities with growth ambitions while avoiding major tax shocks, though they warn that rising public debt, inflationary pressures and external economic risks could undermine gains without consistent reforms. GDP is projected to grow from 4.6 per cent this year to 5 per cent in 2026, driven by services, manufacturing and agriculture sectors.
Iran's footballers held a public training session in Tijuana on Thursday ahead of the World Cup, their first glimpse to journalists since arriving for the tournament. The squad moved their camp to Tijuana from Arizona, and only a dozen of 26 players were visible during the fifteen-minute session, with striker Mehdi Taremi absent.
The Middle East conflict that broke out in late February has disrupted energy supplies and triggered the largest oil supply disruption in history, with global oil supply losses reaching 12.8 million barrels per day. International institutions including the OECD have lowered global growth forecasts, citing the prolonged conflict as a major source of uncertainty affecting inflation, financial markets and supply chains.
Treasury Cabinet Secretary John Mbadi said there are "no surprises" in the 2026/2027 national budget, as most revenue-raising proposals have been public since April following constitutional requirements for public participation. He warned that the budget was prepared amid difficult global economic conditions, including Middle East tensions and disruption to fuel prices and trade.
Treasury Cabinet Secretary John Mbadi unveiled the 2026-27 budget on June 11, proposing Sh41.8 billion to cushion vulnerable Kenyans (including Sh24.6 billion for the elderly, Sh8.9 billion for orphans, and Sh1.5 billion for PWDs), alongside tax reforms including VAT exemptions on kidney dialyzers and bottled water, a 25 per cent excise duty on mobile phones, and allocations for universities, health, and infrastructure.
Nigeria's Dangote oil refinery has reduced its gasoline-making unit (RFCCU) by 34% since May 21 due to insufficient crude feed and a flue gas slide gate valve issue, with repairs nearly complete and full-rate operations expected by mid-June, according to industry monitor IIR Energy.
As India pursues its Vision 2047 development agenda, the United Arab Emirates has emerged as a key strategic partner, with cooperation expanding across trade, energy, logistics, technology and infrastructure. The partnership gained further momentum in May 2026 when the two countries signed a strategic cooperation agreement covering advanced technology, innovation, industrial development, maritime security and information sharing.
The Central Bank's Monetary Policy Committee has retained the base lending rate at 8.75 percent for the next two months, pausing the monetary easing cycle. Governor Kamau Thugge attributed the decision to Middle East conflict disrupting global supply chains and raising energy prices, while noting that Kenya's overall inflation is expected to remain within target range in the near term.
China's UN envoy urged the Security Council to exercise prudence on the Iranian nuclear issue amid disagreement over sanctions, stressing Iran's legitimate right to peaceful nuclear use alongside non-proliferation concerns. Eight countries led by France called for full implementation of recently reimposed sanctions, noting Iran possesses highly enriched uranium at levels where manufacturing a nuclear device cannot be excluded.
Hussain Sajwani, chairman of DAMAC Properties and second on Forbes' Arab rich-list, is investing billions into data centres across 13 countries, aiming to capitalize on AI boom and become the global leader in the field.
Israel launched retaliatory airstrikes on military targets in western and central Iran after Tehran fired missiles toward northern Israel. The Iranian attack was described as retaliation for Israeli strikes in Beirut targeting Hezbollah positions.
Iran's World Cup squad departed Turkey for Mexico on Saturday ahead of the 2026 tournament co-hosted by the United States, Mexico and Canada, after the US refused to issue visas for some team support staff, triggering a diplomatic row between Tehran and Washington.
New attacks in the Middle East on Friday threatened a fragile US-Iran ceasefire that has been in place since April 8, with the US military striking Iranian radar sites after downing drones, and Iran's Revolutionary Guards responding with missile strikes toward Kuwait and Bahrain. Weeks of complex talks have failed to secure a deal to end the war and reopen the Strait of Hormuz.
The International Flower Trade Expo 2026, held in Nairobi under the theme "Shaping the Future of Floriculture," attracted over 210 exhibitors and hundreds of international buyers. The event featured a striking butterfly floral installation by Sosiani Flowers that became a popular photo backdrop.
Iran's national football team handed their passports to the US embassy in Turkey for visa applications ahead of the 2026 FIFA World Cup in the United States, according to Iran's Football Federation head Mehdi Taj, following FIFA's instructions. The team's participation remains uncertain as Iran and the US negotiate to end a Middle East war that began in February.
Iran's supreme leader said the United States and Israel suffered a "decisive blow" in the Middle East war, after the government reported "no tangible progress" in efforts to end the conflict. Weeks of talks marked by threats and violence have failed to secure a deal to end the war and reopen the Strait of Hormuz.
India and Venezuela are strengthening ties in the energy sector, with New Delhi describing Caracas as a preferred partner. Venezuela's interim President Delcy Rodriguez held talks with Indian Prime Minister Narendra Modi on Thursday, focusing on cooperation in upstream and downstream energy projects as global oil supplies have been disrupted by the Middle East crisis.
The UN's World Food Programme is facing a 75-percent funding shortfall amid multiple global crises, with an official stating the funding gaps are "unprecedented" and leaving tens of millions going hungry. The WFP cited European funding cuts as the largest shock to the system, despite the United States remaining its top donor.
US President Donald Trump has nominated career diplomat Henry Wooster, a former ambassador to Jordan with experience in Central Asia and the Middle East, to be the next US ambassador to Kenya, filling a 19-month vacancy. The nomination requires Senate confirmation and comes amid US-Kenya relations concerns including a US-backed Ebola quarantine facility at Laikipia Air Base and efforts to finalise a bilateral trade agreement.
Prime Cabinet Secretary Mudavadi addressed Sungkyunkwan University in Seoul, calling for renewed Global South solidarity and stronger multilateral cooperation, and warning that rising unilateralism and weaponisation of economic tools are straining multilateralism as countries rethink their diplomatic and economic strategies.
President Donald Trump has nominated career diplomat Henry Wooster, currently Chargé d'Affaires in Haiti, to serve as the next United States Ambassador to Kenya, subject to U.S. Senate confirmation. Wooster, who holds the rank of Minister-Counselor, brings over two decades of diplomatic experience including previous postings as U.S. Ambassador to Jordan and senior roles across the Middle East, Europe, and South Asia.
The ongoing Middle East conflict is revealing Africa's heavy reliance on imported refined petroleum products from the Gulf, with East Africa sourcing nearly 80 per cent of its refined petroleum from Middle Eastern suppliers. Supply disruptions have already triggered fuel station queues, rising prices, and increased transport and electricity costs across African cities, threatening economic stability and social cohesion.
A guided-missile destroyer foiled a suspected piracy attempt on a merchant vessel in the Gulf of Aden, the latest sign of renewed aggression from Somali pirate networks that had been suppressed over the past decade but are now showing fresh activity, including an oil tanker firing warning shots at suspicious vessels near Yemen's Socotra Island.
The Friedrich Naumann Foundation held a geopolitical academy in Nairobi with 21 participants to discuss how changing global power dynamics and competing great powers affect Kenya and Africa's position in the emerging world order. Speakers emphasized that geopolitical shifts—from regional wars to economic pressures—directly impact daily life across the continent and determine whether Africa becomes a key player or remains sidelined.
Israel launched strikes across south Lebanon on Saturday following evacuation orders from more than a dozen locations. Lebanon's army said a targeted Israeli strike wounded two soldiers, as military delegations from both countries held security talks in Washington ahead of US-brokered negotiations scheduled for early next week.
US Pentagon chief Pete Hegseth said at Singapore's Shangri-La Dialogue that Washington seeks a "stable equilibrium" with China in Asia, while acknowledging "rightful alarm" over Beijing's military build-up and regional expansion.
Iran's top negotiator said Tehran would only trust Washington's actions, not its words, after US Vice President JD Vance announced progress on a ceasefire extension and peace framework. President Donald Trump has remained silent about the deal despite US sources saying it only needed his sign-off.
US President Donald Trump has instructed negotiators "not to rush into a deal" with Iran, saying both sides must take time to "get it right," after earlier suggesting an agreement was close. The reported deal involves a 60-day ceasefire extension, reopening the Strait of Hormuz, and further negotiations over Iran's nuclear programme, though some Republicans argue it is too lenient on Iran.
Iran's foreign ministry warned Monday that while some progress has been made, a deal with the United States to end the Middle East war remains not yet close, contradicting optimistic signals from US Secretary of State Marco Rubio who suggested an agreement could be reached within the day. US and Iranian forces have observed a ceasefire since April 8, with Pakistan's Prime Minister mediating negotiations and discussions focused on opening the Strait of Hormuz.