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  • A woman looks on from the entrance of her home in Lamu Old Town on Lamu Island on October 1, 2026.The picturesque Kenyan island of Lamu faces a tough trade-off after becoming the construction site for Africa's latest mega-refinery.Lamu, on the Indian Ocean coast, is known for its 12th-century Old Town, traditional dhow sailing boats and paradisical beaches that have made it a favourite haunt of stars like Mick Jagger, Kate Moss and the Obamas. But within less than half a year it has become the chosen location for Africa's second-biggest oil refinery, being built by Nigerian tycoon Aliko Dangote. (Photo by Luis TATO / AFP via Getty Images)

  • This photo taken on the afternoon of October 1, 2026, shows fuel prices displayed at a petrol station in Berlin's Spandau district. German motorists began paying less to fill their cars on October 1, 2026 as fuel subsidies aimed at softening the impact of the Middle East war energy shock came into force. The subsidy is officially set at 17 cents a litre, though factors such as current oil prices and exchange rates can affect how much the discount is at the pump. As in many other countries, Europe's biggest economy has seen prices at the pump surge as the US war against Iran drags on, causing major disruptions to fuel supplies from the Middle East. (Photo by John MACDOUGALL / AFP via Getty Images)

  • Men gather at the entrance of a shop and chat after morning prayers in Lamu Old Town on Lamu Island on October 1, 2026.The picturesque Kenyan island of Lamu faces a tough trade-off after becoming the construction site for Africa's latest mega-refinery.Lamu, on the Indian Ocean coast, is known for its 12th-century Old Town, traditional dhow sailing boats and paradisical beaches that have made it a favourite haunt of stars like Mick Jagger, Kate Moss and the Obamas. But within less than half a year it has become the chosen location for Africa's second-biggest oil refinery, being built by Nigerian tycoon Aliko Dangote. (Photo by Luis TATO / AFP via Getty Images)

  • This photo taken on the afternoon of October 1, 2026, shows fuel prices displayed at a petrol station in Berlin's Spandau district. German motorists began paying less to fill their cars on October 1, 2026 as fuel subsidies aimed at softening the impact of the Middle East war energy shock came into force. The subsidy is officially set at 17 cents a litre, though factors such as current oil prices and exchange rates can affect how much the discount is at the pump. As in many other countries, Europe's biggest economy has seen prices at the pump surge as the US war against Iran drags on, causing major disruptions to fuel supplies from the Middle East. (Photo by John MACDOUGALL / AFP via Getty Images)

  • This photo taken on the afternoon of October 1, 2026, shows fuel prices displayed at a petrol station in Berlin's Spandau district. German motorists began paying less to fill their cars on October 1, 2026 as fuel subsidies aimed at softening the impact of the Middle East war energy shock came into force. The subsidy is officially set at 17 cents a litre, though factors such as current oil prices and exchange rates can affect how much the discount is at the pump. As in many other countries, Europe's biggest economy has seen prices at the pump surge as the US war against Iran drags on, causing major disruptions to fuel supplies from the Middle East. (Photo by John MACDOUGALL / AFP via Getty Images)

  • France's Economy, Finances and Industry Minister Roland Lescure (L), France's junior Minister for Public Accounts David Amiel, France's Labour Minister Jean-Pierre Farandou, France's Government Spokesperson and junior Minister for Energy and Digital economy Maud Bregeon and France's Health Minister Stephanie Rist take part in a press conference following the weekly cabinet meeting (Conseil des ministres) during which the 2027 state draft budget (PLF) and social security financing bill (PLFSS) for 2027 were presented, in Paris, on October 1, 2026. (Photo by Ludovic MARIN / AFP via Getty Images)

  • France's junior Minister for Public Accounts David Amiel (L), France's Economy, Finances and Industry Minister Roland Lescure, France's Labour Minister Jean-Pierre Farandou and France's Health Minister Stephanie Rist take part in a press conference following the weekly cabinet meeting (Conseil des ministres) during which the 2027 state draft budget (PLF) and social security financing bill (PLFSS) for 2027 were presented, in Paris, on October 1, 2026. (Photo by Ludovic MARIN / AFP via Getty Images)

  • France's Economy, Finances and Industry Minister Roland Lescure (centre L), France's junior Minister for Public Accounts David Amiel, France's Labour Minister Jean-Pierre Farandou, France's Government Spokesperson and junior Minister for Energy and Digital economy Maud Bregeon and France's Health Minister Stephanie Rist take part in a press conference following the weekly cabinet meeting (Conseil des ministres) during which the 2027 state draft budget (PLF) and social security financing bill (PLFSS) for 2027 were presented, in Paris, on October 1, 2026. (Photo by Ludovic MARIN / AFP via Getty Images)

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