Sudan tells UN

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-28 • Permanent link

Amidst the ongoing energy crisis, Sudan's Foreign Minister has addressed the UN General Assembly, replacing General Abdel Fattah al-Burhan, whose visa application was rejected by Washington. The move comes at a critical time for the African nation, which has been struggling to maintain its oil production levels. The 10-year Treasury yield surged to 3.8%, a record high in months, as investors bet on a potential supply shortage.

This development has significant implications for the global economy, particularly for countries heavily reliant on Sudanese oil exports. The US dollar has strengthened against the Sudanese pound, making imports more expensive for the country. The ripple effect is already being felt in the financial markets, with some analysts warning of a potential recession in Africa.

Sudan's energy sector has been in a state of flux since the 2019 coup, which saw the ousting of long-time President Omar al-Bashir. The country's oil production has declined significantly since then, with production levels averaging around 400,000 barrels per day. This has led to a surge in imports, which has put pressure on the local currency and the economy as a whole.

The situation remains fluid, with Sudan's government facing intense pressure from the international community to address its energy crisis. The country is expected to attend an emergency meeting of the African Union to discuss the crisis and potential solutions. With the US refusing to lift its sanctions, Sudan's government will need to explore alternative sources of revenue, such as natural gas exports, to stabilize its economy.