Tag: oil prices

IMF Warns Iran War Could Drive Global Inflation Surge

Disruptions to fertilizer supplies and transportation networks caused by the conflict could…

Isaac Adegboye

Naira Drops to 1,385/$ as Middle East Tensions Ignite Global Energy Volatility

The Nigerian Naira has depreciated to N1,385 per US dollar, slipping from…

Starmer Calls to Reopen Hormuz Strait

the two leaders agreed to continue discussions on the Middle East crisis…

Isaac Adegboye

New Iranian Leader Mojtaba Khamenei Orders Strait of Hormuz to Remain Closed

Ayatollah Mojtaba Khamenei, who succeeded his late father following a joint U.S.-Israeli…

Iran Threatens Total Oil Blockade as Brent Crude Surges Past $100

The Islamic Revolutionary Guards Corps (IRGC) has vowed to halt all oil…

Escalating US-Iran Conflict May Trigger Fresh Nigeria Fuel Price Hike, FG says

Energy experts warn that petrol and diesel prices in Nigeria could witness…

FAAC Disbursement Hits All-Time High of N6 Trillion in Q3 2025

FAAC Disbursement Hits All-Time High of N6 Trillion in Q3 2025 Oborevwori…

Kehinde

Oil Slides as Trump Announces Venezuela Crude Transfer to US

The backdrop to these price movements includes the dramatic geopolitical shift surrounding…

Isaac Adegboye

How Iran’s Closure of Strait of Hormuz Could Make Nigerians Pay Excessive Prices For Fuel

On Sunday, people in Nigeria and around the world woke up to…

Philip Ibitoye

Israel-Iran Conflict Escalates: What We Know So Far

Israel-Iran Conflict Escalates: What We Know So Far. Iran responded with missile…

Praise Ben