Tag: oil prices

Trump says US naval blockade on Iran could continue indefinitely

World News Emmanuel -
The US naval blockade on Iran could continue indefinitely, according to the Trump administration, as Washington prepares stronger economic...

Brent crude surges after Trump declares Iran deal “over” as 6,000 Seafarers stranded in Hormuz

Business Emmanuel -
Brent crude surges past $79 a barrel after US President Donald Trump told NATO leaders the interim deal to...

Petrol price in Nigeria may hit N900 as oil prices fall and Dangote boosts fuel supply

Business Damilola Bayonle -
Nigerian motorists may soon experience relief at filling stations as declining global crude oil prices and expanding domestic refining...

Global Oil Prices Fall as Trump Signals Iran Peace Deal, Nigeria Exceeds OPEC Quota

Business Damilola Bayonle -
Global oil prices fell sharply on Thursday after United States President Donald Trump announced that planned military strikes against...

US-Iran nuclear talks: Rubio says US will find ‘another way’ if negotiations fail

World News Emmanuel -
US-Iran nuclear talks: Rubio says US will find ‘another way’ if negotiations fail The US-Iran nuclear talks have entered a...

Oil Prices Near $110 as Hormuz Tensions Threaten Nigeria Fuel Costs

Business Damilola Bayonle -
Oil prices near $110 as Hormuz shipping risks deepens Oil prices climbed toward $110 per barrel on Sunday as escalating...

Nigeria fuel supply 2026: New NMDPRA boss warns global oil shocks could test energy stability

Business Damilola Bayonle -
Nigeria Fuel Supply 2026 Enters Critical Phase Amid Global Oil Market Tension Nigeria’s fuel supply system is entering a decisive...

Trump Strait of Hormuz operation triggers global crisis as US warships ‘challenge’ Iran blockade

World News Emmanuel -
“Trump Strait of Hormuz operation” escalates into global crisis as US warships “challenge” Iran blockade, with officials warning of...

Middle East war to slow global growth, IMF warns as oil prices spike

Business Damilola Bayonle -
Middle East War: IMF Chief Kristalina Georgieva Warns of Global Growth Slowdown as Oil Shock Ripples from Gulf Conflict The...

Rising energy costs push global food prices higher as FAO warns of deeper market shocks

Business Damilola Bayonle -
Rising geopolitical tensions and escalating energy costs are once again reshaping global food markets, with fresh data indicating that...

Middle East crisis sparks fears as global tensions threaten investment decline in Nigeria

Business Damilola Bayonle -
Heightened geopolitical tensions in the Middle East are triggering fresh concerns among investors and policymakers, with economic stakeholders warning...

Oil prices drop amid US withdrawal from Iran as global markets react to easing Middle East tensions

Business Damilola Bayonle -
Global oil markets recorded a sharp pullback on Wednesday as geopolitical signals from Washington suggested a possible de-escalation in...