The Nigerian Consumer Protection Council (CCPA) has issued a directive banning restaurants from adding extra fuel or LPG charges to customer bills, stating that only menu prices and applicable taxe…
India's Tamil Nadu state is grappling with a severe fuel crisis, with Chief Minister M.K. Stalin accusing the Union Government of failing to address the growing shortages. The situation has led to …
The Philippines has declared a national emergency over a severe fuel crisis, triggered by rising global oil prices and regional conflicts in the Middle East. The government announced the move on Mo…
The Nigerian government has announced a 12-cent-per-litre increase in gasóleo prices, despite widespread public opposition and a national fuel price freeze that was in place. The decision, made by …
Nigeria's fuel association has urged citizens to avoid panic buying of petrol and diesel, as fuel prices remain stable amid ongoing economic fluctuations. The statement comes as the country continu…
The Strait of Hormuz, a narrow waterway between Iran and Oman, has been dubbed a "million-year accident" due to its geological formation, but its strategic importance is reshaping global and Africa…
Nigerian drivers brace for a significant blow as the price of diesel is set to surge by R7 per litre in April, a move that could strain household budgets and impact the broader economy. The…
Angola's People's Movement for the Liberation of Angola (MPLA) has called for the regulation of fuel prices, arguing that current market conditions are leading to speculation and unfair pri…
Oil prices have surged to $100 per barrel, driven by tensions in the Middle East. This development is causing anxiety among Nigerians and has significant implications for the country's econ…
The ongoing conflict between the United States and Israel in Iran has sent shockwaves through Nigeria's energy sector, creating significant challenges for the country's development aspirati…
Iran has indicated its willingness to allow the resumption of shipping traffic through the Strait of Hormuz, a critical waterway that could significantly impact global trade and potentially…
Fuel Prices Set to Rise Next Week in Nigeria as Global Oil Markets Remain Volatile Rising Fuel Costs Impact Nigerian Economy The price of diesel and petrol is set …
