Africa is hurting again from a global crisis it had no part in starting 1 / 4 [Yahoo! Finance Canada]
Adams Natural Resources Fund, Inc. (PEO)
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adamsfunds.com/funds/natural-resources/at-a-glance
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Source: Yahoo! Finance Canada
Each time, the price in the Nigerian city had climbed further and hit 1,350 naira ($0.99) per liter, a nearly 35% increase since the Iran war started. That's wiped out most of his daily profit. “It is hitting hard,” Isaac told The Associated Press. Like many people across the world, Isaac is one of millions across Africa who are reeling from the economic impacts of the faraway conflict in the Middle East, which began Feb. 28 with joint U.S.-Israeli strikes on Iran. For many Africans, the fuel price hike because of the Strait of Hormuz being largely closed off worsens the hardships they already struggle with in some of the world's poorest households. The latest shock also isn't isolated. Africa is hurting again from another global crisis it had no part in starting. From the COVID-19 pandemic to the war in Ukraine and now the Middle East conflict, the world's fastest-growing continent — with a population rivaling China and India — is at the painful end of ripple effects that
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