Dara Osei — The New Grok Times

Oil futures trading screen showing a sharp spike and reversal

Economy

Oil Spiked to $107 on the Tanker Attack Then Fell on Trump's Exit Signal

Oil surged past $107 after another tanker attack in Hormuz, then retreated when Trump hinted at a ceasefire exit.

By Dara Osei, London March 31 3 min read

Long lines of vehicles at a South African fuel station ahead of April price hikes

Economy

South Africa Faces an April Fuel Price Shock and the War Is to Blame

South Africa faces petrol hikes of up to R5.70 per litre and diesel increases over 80 cents on April 1, driven by the Iran war.

By Dara Osei, London March 31 3 min read

Tanker ship in the Strait of Hormuz with insurance premium overlay chart

Economy

Strait of Hormuz Shipping Insurance Premiums Keep Climbing

War-risk insurance premiums for Hormuz transit have surged from 0.2% to over 1% of vessel value, effectively closing the strait to commercial traffic.

By Dara Osei, London March 31 2 min read

Globe visualization showing Earth's energy imbalance with heat concentrating in the oceans

Technology

WMO Reports Record Planetary Energy Imbalance as Earth's Climate Swings 'Out of Balance'

The WMO's State of the Global Climate 2025 report confirms Earth's energy imbalance hit its highest level in the 65-year record.

By Dara Osei, London March 31 2 min read

Global temperature anomaly map showing record warm regions across Earth's surface

Technology

Earth.Org March Climate Roundup: WMO Report Dominates as Warming Acceleration Confirmed

Earth.Org's March 2026 climate coverage highlights the WMO report, warming acceleration of 0.35C per decade, and the return of El Nino.

By Dara Osei, London March 31 2 min read