Sudan/South Sudan: Sudan's War Curbs South Sudan's Oil Exports, Triggering Inflation
Mar 5, 2024
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Insecurity in neighbouring Sudan and the flooding of the oil wells has made it challenging for South Sudan to pump much-needed crude oil to reach export markets, Central Bank Governor Dr James Alic Garang said in a press conference earlier this month. According to the trade research publication, S&P Global Insights, oil exports out of Sudan's Bashayer port terminal hit an 11-month low of 79,000 barrels per day last month.