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Golden Ten Data reported on March 16 that South Africa is seeking alternative fuel suppliers, as disruptions in fuel imports from the Middle East pose the greatest threat to the country. Gwede Mantashe, South Africa's Minister of Mineral and Petroleum Resources, stated on Monday that the government is negotiating to find more supply channels. He said, "For fuel products, we mainly rely on supplies from the Middle East," adding that interruptions in fuel transportation are the "biggest threat" facing the country. Over the past few years, South Africa's refining capacity has decreased by two-fifths, due to some refineries being shut down following accidents and also because of a lack of investment.

Odaily reported that Metaplanet CEO Simon Gerovich posted on X, stating that the company has issued 100 millions Moving Strike Warrants with mNAV terms. According to the design, the warrants can only be exercised when the company's stock price exceeds 1.01 times the mNAV, ensuring that every new share issued increases shareholder value. Simon Gerovich stated that this mechanism is expected to raise an additional $234 millions for the company, which will be used to purchase bitcoin, and the warrants will only be triggered when there is a positive impact on the per-share BTC holdings.

格隆汇 March 16｜Dubai Financial Market General Index dropped as much as 3.2% on Monday, accumulating a 21% decline from its February peak. This indicates that, as the Middle East crisis causes turmoil in energy, shipping, real estate, and tourism sectors, Dubai's stock market has entered a technical bear market.