Iran’s Strait of Hormuz Conditions Pose Risks for Global Oil Shipping
Iran has declared that vessels belonging to non-hostile states may transit the Strait of Hormuz only under conditions determined by ...
Tag: Oil Prices
Dangote Refinery Overwhelmed with Demand as Iran War Disrupts Africa’s Fuel Supply
Aliko Dangote's Nigerian oil refinery is facing a surge in demand from African governments struggling to secure fuel supplies due ...
Nigerian Among Injured as UAE Intercepts Iranian Missiles Amid Escalating Gulf Conflict
A Nigerian national is among the dozens of foreign nationals injured after the United Arab Emirates (UAE) intercepted a wave ...
Oil Prices Surge Past $100 as Middle East Conflict Threatens Global Supply
Global oil prices have surged above $100 per barrel for the first time in nearly four years, as escalating military ...
Oil Price Surges Past $90
Global oil prices have surged past $90 per barrel for the first time since April 2024, as the escalating conflict ...
US-Iran Conflict Unleashes Dual-Edged Economic Shock on Nigeria
The coordinated military strikes launched by the United States and Israel against Iran on 28 February 2026 have unleashed a ...
Iran Nuclear Tensions Threaten Oil Price Stability for Nigeria
Iran's firm rejection of United States pressure to renegotiate its nuclear programme introduces a fresh element of volatility into global ...
Bonny Light Holds at $65 as Global Oil Slump Deepens
Nigeria’s Bonny Light crude steadied at $65.77 per barrel after a three-week slide that has pulled prices to their weakest ...
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