In a bold move, former President Donald Trump has promised to implement measures aimed at stabilising oil prices amidst escalating tensions in the Middle East. This announcement comes short…
Wall Street faced a significant downturn this week as fears of a prolonged conflict in Iran rattled investors, with the Dow Jones Industrial Average dropping sharply. The uncertainty stemme…
Bahrain's National Communication Centre confirmed on Monday that Iranian missile strikes targeted the state-run Bapco Energies oil refinery in a significant escalation of regional tensions.…
Iran has strongly refuted claims regarding the closure of the Strait of Hormuz, labelling them as 'baseless' and 'absurd'. In a recent statement, Iranian officials condemned the US for purp…
As tensions escalate in key oil-producing regions, consumer companies in Nigeria are bracing for significant price hikes that could impact everyday goods. The ongoing conflict not only thre…
In a significant development, the Russian envoy to India has confirmed that Russia is open to supplying crude oil to the South Asian nation. This statement, made during a diplomatic engagem…
On Thursday, President Donald Trump announced a series of swift measures aimed at curbing rising fuel prices in the U.S., igniting discussions about broader implications for global economie…
Donald Trump has announced new measures aimed at curbing rising oil prices, coinciding with claims that Iranian naval and air forces have been 'destroyed'. This provocative statement comes …
Goldman Sachs has flagged that extreme heat in the Middle East may significantly impact India's energy supply chain, raising alarms for Nigeria's energy sector. This warning comes as region…
Niger's government has taken a significant step by rescinding contracts with four foreign companies involved in oil and gold exploration. This decision, made public on 29 October 2023, come…
The United States has closed its embassy in Kuwait as tensions escalate in the region due to rising hostilities with Iran. This move, announced on March 10, 2024, follows a series of milita…
The Nigerian Naira has shown significant strength against the US dollar in recent weeks, buoyed by a recovery in oil revenues and a series of economic measures implemented by the government. As the…
