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The Nigerian National Petroleum Company Limited has increased crude oil supply to the Dangote Petroleum Refinery to seven cargoes for May 2026, up from the five cargoes supplied in previous months, two trade sources and a refinery official told Reuters. The increase follows a directive to prioritise domestic crude supply and comes as the…
American motorists are now paying more than $4 per gallon at the pump for the first time in nearly four years, as the ongoing US-Israeli war against Iran continues to choke global energy supplies through the shutdown of the critical Strait of Hormuz. The American Automobile Association (AAA) confirmed that the national average…
Oil prices surged, and global equities retreated on Monday as the Middle East crisis entered a volatile new phase. Yemen’s Houthi rebels have formally entered the conflict, launching a barrage of cruise missiles and drones at strategic sites in Israel. This escalation, now in its fifth week, has stoked fears of a multi-front war involving…
Iran’s energy minister, Abbas Aliabadi, has accused the United States and Israel of “terrorist and cyberattacks” that have decimated the country’s vital water and electricity infrastructure. Speaking on Sunday via the ISNA news agency, Aliabadi revealed that dozens of water treatment plants and transmission facilities have been hit, leaving critical supply networks in tatters. These…
Health systems across the Middle East are approaching total collapse under the weight of a rapidly escalating military confrontation between the United States, Israel, and Iran, with the World Health Organisation confirming that over 1,800 people have been killed and 12,500 others injured in less than fourteen days of sustained hostilities. Tedros Adhanom Ghebreyesus, Director-General…
