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Global Food Prices Reach 18-Month High as Oil, Grain Costs Surge

Global Food Prices Reach 18-Month High as Oil, Grain Costs Surge

Global food prices soared in October, reaching their highest level in 18 months, with the United Nations’ Food and Agriculture Organisation (FAO) citing vegetable oil as a key driver. The FAO Food Price Index, which tracks

Business
Oil Majors Return to Libya After a Decade Away

Oil Majors Return to Libya After a Decade Away

BP and Eni have returned to Libya after ten years of avoiding the country amid its civil war. Per a statement by the National Oil Corporation of Libya, Italy’s Eni resumed exploratory drilling in the Ghadames Basin