<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>global economy Stories - newskenya</title>
	<atom:link href="https://news-kenya.co.ke/tag/global-economy/feed/" rel="self" type="application/rss+xml" />
	<link></link>
	<description>Breaking news, politics, business, and updates from Kenya</description>
	<lastBuildDate>Mon, 13 Apr 2026 09:35:07 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>

<image>
	<url>https://news-kenya.co.ke/wp-content/uploads/2026/03/cropped-kenya-favicon-32x32.png</url>
	<title>global economy Stories - newskenya</title>
	<link></link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Blockade Imposed by the United States in the Strait of Hormuz</title>
		<link>https://news-kenya.co.ke/blockade-imposed-by-the-united-states-in-the/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Mon, 13 Apr 2026 09:35:07 +0000</pubDate>
				<category><![CDATA[Crime]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[blockade]]></category>
		<category><![CDATA[energy crisis]]></category>
		<category><![CDATA[global economy]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[military conflict]]></category>
		<category><![CDATA[oil prices]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[United States]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/blockade-imposed-by-the-united-states-in-the/</guid>

					<description><![CDATA[<p>The United States has initiated a blockade in the Strait of Hormuz, significantly affecting Iran's oil exports and global energy prices.</p>
<p>The post <a href="https://news-kenya.co.ke/blockade-imposed-by-the-united-states-in-the/">Blockade Imposed by the United States in the Strait of Hormuz</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Before the recent developments, the Strait of Hormuz was a crucial artery for global oil transportation, with Iran producing approximately <strong>3.59 million barrels of crude oil per day</strong> as of February 2026. This production accounted for a staggering <strong>57% of Iran&#8217;s total export revenue</strong> in 2024, with China receiving around <strong>90% of Iran&#8217;s oil exports</strong>. The expectation was that this flow of oil would continue, supporting both Iran&#8217;s economy and the global energy market.</p>
<p>However, on April 13, 2026, at <strong>10 a.m. eastern time</strong>, the situation changed dramatically. The United States Navy announced it would begin blockading all ships attempting to enter or leave the Strait of Hormuz. This decisive moment was marked by a statement from former President Donald Trump, declaring, &#8220;Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz.&#8221; This blockade targets all vessels associated with Iranian ports and coastal areas, fundamentally altering the dynamics of oil exports from Iran.</p>
<p>The immediate effects of this blockade are profound. With the announcement, oil prices surged, with US crude oil jumping <strong>8% to $104.24 a barrel</strong>. This increase reflects the market&#8217;s reaction to the anticipated reduction in oil supply from Iran, which has 11 major ports, eight located in the Arabian Gulf and Gulf of Oman regions. The blockade is intended to exert severe pressure on the Iranian economy by restricting its exports, which are vital for its financial stability.</p>
<p>Experts are expressing concern over the broader implications of this blockade. Trita Parsi noted that &#8220;taking more oil off the market — particularly the only oil that is now getting out from the Persian Gulf — will drive oil prices further up &#8230; [to] around $150 per barrel.&#8221; This potential spike in oil prices could exacerbate the ongoing global energy crisis, which is already strained by various geopolitical tensions.</p>
<p>Iran has responded to the blockade with warnings, stating that the global economy would pay the price for such actions. The Iranian government has previously closed the Strait of Hormuz in response to conflicts with Israel and the United States, indicating a willingness to escalate tensions further. Zohreh Kharazmi remarked, &#8220;If this blockade becomes a contest between the resilience of the Islamic Republic and the resilience of global markets, it will not take long to see who is losing.&#8221; This statement underscores the potential for a prolonged economic standoff.</p>
<p>As the blockade takes effect, the uncertainties surrounding its duration and effectiveness remain. Details remain unconfirmed regarding how long the United States plans to maintain this blockade and whether it will lead to further military escalation in the region. The potential for missteps in such a volatile environment raises alarms among analysts and policymakers alike.</p>
<p>The Strait of Hormuz is not just a regional chokepoint; it is a vital passage for approximately <strong>one-fifth of the world&#8217;s oil</strong>. The implications of this blockade extend beyond Iran, affecting global energy markets and economic stability. With the situation evolving, stakeholders worldwide are closely monitoring developments, as the consequences of this blockade could resonate throughout the global economy.</p>
<p>The post <a href="https://news-kenya.co.ke/blockade-imposed-by-the-united-states-in-the/">Blockade Imposed by the United States in the Strait of Hormuz</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Trump and Iran Negotiations: A Critical Moment</title>
		<link>https://news-kenya.co.ke/trump-and-iran-negotiations-a-critical-moment/</link>
		
		<dc:creator><![CDATA[roomnews]]></dc:creator>
		<pubDate>Tue, 24 Mar 2026 04:25:30 +0000</pubDate>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[conflict]]></category>
		<category><![CDATA[diplomacy]]></category>
		<category><![CDATA[global economy]]></category>
		<category><![CDATA[Iran]]></category>
		<category><![CDATA[Middle East]]></category>
		<category><![CDATA[negotiations]]></category>
		<category><![CDATA[nuclear weapons]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[Trump]]></category>
		<guid isPermaLink="false">https://news-kenya.co.ke/trump-and-iran-negotiations-a-critical-moment/</guid>

					<description><![CDATA[<p>The ongoing negotiations between Trump and Iran have significant implications for regional stability and international relations.</p>
<p>The post <a href="https://news-kenya.co.ke/trump-and-iran-negotiations-a-critical-moment/">Trump and Iran Negotiations: A Critical Moment</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h2>What the data shows</h2>
<p>The recent negotiations between Donald Trump and Iran raise a critical question: Are these talks a genuine effort towards peace, or merely a strategic maneuver? Trump asserts that Iran is eager for a deal to end the ongoing war, which has already claimed over 2,000 lives and disrupted the global economy. He has extended a deadline for Iran to reopen the Strait of Hormuz by five days, indicating a willingness to negotiate.</p>
<p>However, Iran has denied that any talks have taken place with the United States, creating a significant gap in communication. Mohammad Bagher Qalibaf, a prominent Iranian official, stated, &#8220;No negotiations have been held with the US,&#8221; which raises doubts about the sincerity of the U.S. claims. This contradiction highlights the complexities involved in the negotiations and the challenges both sides face in reaching a consensus.</p>
<p>Trump&#8217;s approach includes a bold statement that if a deal is reached, the U.S. would take control of Iran&#8217;s enriched uranium. As of June 2025, Iran reportedly possesses 440.9 kilograms (972 pounds) of highly enriched uranium, having completed 99% of the centrifuge work necessary for producing weapons-grade uranium for nine nuclear weapons. This alarming statistic underscores the urgency of the negotiations and the potential consequences of failure.</p>
<p>The ongoing conflict has also seen significant casualties beyond Iran, with Israeli strikes in Lebanon resulting in over 1,000 deaths and displacing more than 1 million people. The humanitarian crisis is exacerbated by the war, which has seen Iran&#8217;s Health Ministry report a death toll surpassing 1,500. The situation remains dire, and the stakes are high for all parties involved.</p>
<p>Trump has threatened to &#8220;obliterate&#8221; Iran&#8217;s power plants unless the country releases its hold on the Strait of Hormuz, a critical maritime route for global oil shipments. Ahmad Zeidabadi, an Iranian commentator, warned that a halt in electricity supply to 90 million people would plunge homes and streets into darkness, further complicating the humanitarian situation.</p>
<p>Despite the tensions, Trump indicated there is a &#8220;very good chance&#8221; that a deal will be reached this week, suggesting a possible breakthrough in negotiations. However, the effectiveness of mediation efforts by Turkey and Egypt remains uncertain, as does the exact nature of the talks between the U.S. and Iran. Details remain unconfirmed, leaving observers questioning the future of these negotiations.</p>
<p>As the situation unfolds, the involvement of key figures such as Jared Kushner and Steve Witkoff in the negotiations may play a crucial role in shaping the outcome. Additionally, international leaders like Benjamin Netanyahu and Keir Starmer are closely monitoring the developments, given the potential implications for regional stability.</p>
<p>In summary, the negotiations between Trump and Iran are at a pivotal juncture. With the potential for peace hanging in the balance, the coming days will be critical in determining whether a resolution can be achieved or if the conflict will escalate further.</p>
<p>The post <a href="https://news-kenya.co.ke/trump-and-iran-negotiations-a-critical-moment/">Trump and Iran Negotiations: A Critical Moment</a> appeared first on <a href="https://news-kenya.co.ke">newskenya</a>.</p>
]]></content:encoded>
					
		
		
			</item>
	</channel>
</rss>
