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It has been over two months since the European Union (EU) ban on Russian crude oil entered into force, triggering friction in oil markets and petroleum supply chains.
In June 2022, the government of South Sudan acknowledged that Egypt had delivered equipment for resuming its long-dormant Jonglei Canal megaproject by dredging tributaries of the White Nile.
At its August 2022 ministerial meeting, the Organization of the Petroleum Exporting Countries (OPEC) and 10 additional oil exporters (together known as OPEC+) announced an increase of only 100,000 barrels per day (b/d) of crude supply for September.
