US President Donald Trump has explained his decision to reject Iran’s latest proposal to reopen the Strait of Hormuz, saying Tehran was seeking an agreement because...
BRICS leaders have called for “maximum restraint” and urged an end to further escalation in the Middle East as the United States and Iran resume tit-for-tat...
Iran and the United States have exchanged fresh attacks in the Middle East, deepening their six-month-old conflict and raising fears of a wider disruption to global...
US President Donald Trump has threatened to bomb Oman if the country obstructs efforts to reach a deal with Iran over the Strait of Hormuz. Trump...
The Nigerian National Petroleum Company (NNPC Ltd) supplied 10 crude oil cargoes to the Dangote Petroleum Refinery and Petrochemicals Limited (DPRP) in March, marking a significant...
Nigeria and other oil-producing African countries are set to become major beneficiaries of the ongoing Middle East conflict. This is the view of global energy analysts,...
The Presidency has claimed that President Bola Ahmed Tinubu’s naira-for-crude initiative has shielded Nigeria from the severe fuel scarcity afflicting major economies worldwide amid the ongoing...
Nigeria’s economy is facing renewed uncertainty as the escalating Middle East conflict involving the United States, Israel and Iran begins to send shockwaves across global markets,...
Nigeria’s liquefied natural gas sector is on the brink of a significant upside as a deepening global supply crisis disrupts Middle East exports. This is the...
Tensions in the Middle East have reached a dangerous new level as Iran issued a chilling warning that “no one is safe,” following intensified airstrikes by...