Tag: oil prices

World Bank Eyes $100bn Aid for Developing Nations

The announcement followed the release of the bank’s latest economic outlook Bank…

Isaac Adegboye

Hormuz Tensions Ease as Two Vessels Cross Amid US-Iran Peace Talks

Two commercial vessels, including a Qatari LNG carrier and a Panama-flagged bulk…

Nigeria Reaffirms OPEC Commitment Amid UAE Exit, Market Stability Concerns

Federal Government officials reaffirmed Nigeria’s alignment with OPEC and the OPEC+ framework…

Oil Prices Surge After Trump Warns Of Extended Blockade On Iran

Global oil prices reached a four-year high on Thursday following warnings from…

Trump Meets Oil Chiefs – Weighs Iran Blockade Impact

The talks came amid stalled diplomatic efforts to resolve the conflict Pakistan…

Isaac Adegboye

Middle East War To Trigger 24% Surge In Global Energy Prices — World Bank

Tensions in the Middle East, particularly around the Strait of Hormuz, have…

BREAKING: Oil Prices Plunge 11% After Iran Officially Reopens Strait of Hormuz

Global oil prices witnessed a massive sell-off on Friday, with Brent crude…

Iran Reroutes Hormuz Shipping

Iran’s Revolutionary Guards advised all ships planning to pass through the strait…

Isaac Adegboye

Trump Issues Final Warning to Iran: Reopen Strait of Hormuz or Face ‘Complete Demolition’

President Donald Trump has warned that U.S. forces are prepared to decimate…