Tag: Strait of Hormuz

Nigeria is bracing for another round of fuel price increases as Brent crude oil prices surged to an intraday peak ...

The ongoing conflict involving Iran, Israel, and the United States has entered its eighth week, sending persistent shockwaves through Nigeria’s ...

Global oil prices dropped sharply on Friday after Iran announced the reopening of the Strait of Hormuz, easing supply concerns ...

The heads of the International Energy Agency, International Monetary Fund, and World Bank Group have committed to ensuring a resilient ...

The International Monetary Fund is preparing to lower its global economic growth projections as escalating tensions from the United States-Iran ...

The government of Ghana has announced the immediate removal of selected taxes and pricing margins on petroleum products to ease ...

Eight key members of the OPEC+ alliance have raised alarm over disruptions to global energy supply following attacks on oil ...

US President Donald Trump's announcement of a two-week ceasefire with Iran, contingent on Tehran's agreement to reopen the Strait of ...

US President Donald Trump has announced a two-week ceasefire with Iran, effective immediately, subject to Tehran's agreement to reopen the ...

The Dangote Refinery has increased the supply of petrol to African countries, with fertiliser also supplied, as global energy markets ...