The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Global oil prices slipped below $80 a barrel as energy traders bet on a diplomatic breakthrough between Washington and Tehran. Brent crude fell to three-month lows following signs of an impending deal and the reopening of the Strait of Hormuz. Traders stripped away the heavy geopolitical risk premium that previously inflated energy costs. Additional crude…
The United States is assembling a global maritime coalition to break Iran’s grip on the Strait of Hormuz. Diplomats in Washington have issued an internal directive to embassies worldwide, urging foreign governments to join the “Maritime Freedom Construct.” This American-led bloc aims to restore commercial traffic through a waterway that handles 20% of the world’s…
Global oil prices climbed sharply on Monday, with Brent crude rising by 2% to reach $109.33 per barrel. US-traded crude also saw a 2% gain, settling at $96.78. This upward momentum follows the continued closure of the Strait of Hormuz, a critical maritime chokepoint that handles approximately one-fifth of global oil and liquefied natural gas…
G7 Ministers to Weigh Emergency Oil Release as Middle East War Triggers Market Chaos Group of Seven finance ministers will convene emergency talks Monday to consider coordinated releases from strategic petroleum reserves in an effort to stabilise global energy markets convulsed by the escalating Middle East conflict, according to a French government source with direct…