oil prices

66 Articles
World

Trump Gives Iran 48 Hour Ultimatum as Conflict Escalates Over Strait of Hormuz

United States President Donald Trump has issued a 48 hour ultimatum to Iran, demanding the immediate reopening of the Strait of Hormuz or...

World

Iran Conflict Drives Petrol Demand Surge at Dangote Refinery Across African Markets

Rising tensions linked to the Iran conflict are reshaping energy demand patterns across Africa, with a noticeable surge in petrol purchases from the...

Economy

Dangote Refinery Raises Petrol Price Amid Global Oil Tensions

Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit, citing rising global geopolitical tensions and escalating crude...

World

Trump Orders Massive Oil Reserve Release as Prices Spike

The administration of Donald Trump announced a large scale release of crude from the Strategic Petroleum Reserve in response to rapidly rising global...

World

Oil Prices Decline as Iraq Restores Exports Through Ceyhan Route

Global oil markets showed signs of relief as Iraq resumed crude exports through the Ceyhan pipeline, a key route connecting its northern fields...

World

Global Oil Benchmark Faces Continued Pressure as Middle East Supply Routes Remain Constrained

Global oil markets are experiencing sustained pressure as supply disruptions linked to tensions in the Middle East continue to affect key export routes....

World

Global Energy Shock Sends Ripples Through World Economy

The intensifying conflict in the Middle East has triggered a significant disruption in global energy markets, sending shockwaves through economies already grappling with...

World

Iran Conflict Could Boost Nigeria’s Economy and Strengthen the Naira

Nigeria may benefit economically from the ongoing Middle East conflict as rising global oil prices could strengthen the naira and reduce the country’s...

World

Rising Oil Prices Amid Middle East Conflict Boost US Dollar

The ongoing conflict in the Middle East has triggered a sharp rise in global oil prices and strengthened the US dollar as investors...

World

Global Markets Rebound as Trump Signals End to US Israel Iran Conflict

Asian and European stock markets rallied on Tuesday as energy prices eased after US President Donald Trump indicated that the US Israel war...