COP27: South Africa’s tricky shift from coal

COP27: South Africa’s tricky shift from coal

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Iran war tests China’s oil stockpile

The FT’s Gideon Rachman explains what the Strait of Hormuz’s closure means strategically for Iran, Italy’s UniCredit has launched a €35bn takeover offer for Commerzbank and China’s oil stockpile is put to the test as the strait remains closed. Plus, scientists have identified a p ...  Show more

US shale producers not yet tempted by $100 oil

Donald Trump warned Nato faces a “very bad” future if US allies fail to assist in opening up the Strait of Hormuz, and though oil prices have breached $100 per barrel, America’s shale producers aren’t celebrating. Plus, wealthy individuals have sought to pull more than $10bn from ...  Show more

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Gideon talks to the South African writer and political activist, Songezo Zibi, about the need to build a coalition for change to help restore some of the high hopes that accompanied the end of apartheid.

Clips: SABC, The Sun


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