The ongoing war between the US and Iran is causing global oil supply to become erratic.

The entities involved

• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54
• South African Reserve Bank →

  central bank

  • The South African Reserve Bank Governor announced a policy rate increase amid global supply chain disruptions and war-driven inflation.Mon 08:35
  • The South African Reserve Bank (SARB) operates as a central bank in South Africa, and Lesetja Kganyago serves as its Governor.Fri 23:43
• South Africa →

  country in southern Africa

  • Matthew Chaskalson has been appointed as the chief evidence leader in a national inquiry in South Africa.Mon 17:53
  • Wildfire smoke is threatening business operations and health in South Africa.Mon 17:51

Related events

• Geopolitical conflict in the Middle East is currently impacting global oil supply, a situation being monitored by the Reserve Bank of Australia.Jun 16
• Conflict in the Middle East impacts oil production and global flows, leading to market volatility and analyst commentary.Jun 7
• Iran conducts attacks in the geopolitical region, causing conflict that threatens vital oil supply lines.Sep 9
• Fighting and sanctions risk are impacting oil supply and raising inflation worries globally.Jul 8
• Nigeria's oil revenue is tied to Middle East stability amid escalating hostilities and US-Iran conflict.Sep 9