-
Kenya's economy faces climate change risks: World Bank
-
Amazon surges as US stocks shrug off bond yield worries
-
Oil giants report blowout profits on war, warn high gas prices could persist
-
Hungary to shut nuclear plant as heatwave hits central Europe
-
Google launches new satellite image AI tool, alarming researchers
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
-
Stocks diverge on earnings, as oil steadies
-
AI data centre supplier Zhongji InnoLight slips on Hong Kong debut
-
Eurozone economy grows despite Middle East war
-
May, June heatwaves caused 2,877 extra deaths in England: govt
-
Singapore group will develop 'most promising' Ebola vaccine
-
BMW profit down a third as carmaker plans job cuts
-
Shell profit surges as Mideast war fuels oil prices
-
Seoul extends losses as most Asian markets drop, oil rises again
-
Car maker Stellantis says back in profit in second quarter
-
Gambling.com Group Is Now Grandstand
-
Samsung quarterly operating profit up 1,800% on AI boom
Overnight petrol queues in Ethiopia as war shortages hit
Ethiopians said Friday they slept in their cars in hours-long queues for petrol as shortages caused by the Middle East war began to take their toll.
The effective blockade of the Strait of Hormuz by Iran, through which a fifth of the world's oil and gas normally passes, has caused shortages in many countries.
Ethiopia, a nation in the Horn of Africa with around 130 million people, is particularly vulnerable as it imports all its petrol, primarily from the Gulf.
Drivers waiting in an enormous queue at a petrol station in the Summit 72 area of the capital Addis Ababa said the wait was "more than a day".
"I've been in the queue since last night at around 7:00 pm. I spent the night in my car without food," said taxi driver Awoke Derese on Friday morning.
"I have already lost two days of business. I pay 2,000 birr ($13) per day in rental fees for the car. My family is at risk because I can't support them," he told AFP.
Shortages started to be noticed earlier this week. At another petrol station in the Summit 72 area, a worker said they had been closed for four days and did not know when fresh deliveries would arrive.
Bakery worker Natenahel Gedamu said his business needed fuel for generators and baking machines.
"We ran out yesterday and have not produced anything since," he said.
"I'm worried the station may run out of fuel before I reach it. I've already tried several stations -- this feels like my last chance," added Natenahel, who had been queueing since 4:00 pm the previous day.
Land-locked Ethiopia relies on the port of Djibouti for its imports. It has only 13 strategic reserve depots, according to the state-owned Ethiopian Petroleum Supply Enterprise, which did not respond to requests for comment from AFP.
Prime Minister Abiy Ahmed last week urged Ethiopians to "use oil sparingly and prioritise basic needs" until "the problem is resolved".
More than 40 percent of Ethiopians live below the poverty line, according to the World Bank, and fear the inflation -- already running around 10 percent -- from rising fuel prices.
Addis Ababa has been undergoing a major reconstruction drive in recent years, but some building projects were on hold this week, AFP journalists saw.
This included the "corridor" project to widen and renovate its streets and work in the Bole district near the airport.
P.Kolisnyk--CPN