Tensions in the global oil markets, stirred by geopolitical uncertainties around the Strait of Hormuz, have set off strategic ripples far beyond the immediate Middle East region. One notable development is unfolding in Southern Africa, where Botswana is making a significant move to secure its energy future by seeking a stake in Angola’s ambitious Lobito Oil Refinery project. This maneuver, announced by Botswana’s Minerals and Energy Minister Bogolo Kenewendo in Parliament, signals a new chapter...
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