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The United States and Iran accused each other of breaching their fragile truce on Thursday following a serious exchange of fire, the most dangerous flare up since the ceasefire took hold in April and a stark reminder of how close the Middle East remains to renewed all out war three months after it began. The…
American warplanes disabled two Iranian tankers on Friday as Washington attempts to force Tehran into a diplomatic corner. An F/A-18 Super Hornet used precision strikes to enforce a port blockade just as negotiations to end the ten-week-old Gulf conflict reached a tipping point. The strikes represent a sharp escalation of the American “maximum pressure” strategy….
Global oil markets recorded sharp gains on Monday following the collapse of planned peace negotiations between the United States and Iran, prolonging an eight-week military standoff that continues to disrupt international shipping. US President Donald Trump abruptly cancelled a scheduled diplomatic mission to Pakistan over the weekend, citing a lack of substantial progress, while…
The global energy artery is narrowing. Iran’s Revolutionary Guards (IRGC) announced on Friday that they had intercepted and turned back three container ships attempting to transit the Strait of Hormuz. In a statement published on their official Sepah News website, the Guards declared the strategic waterway closed to any vessel travelling to or from ports…
OpenAI is amending its new agreement with the US Department of War following a swift and severe public backlash over the use of its technology in classified military operations. Chief Executive Sam Altman admitted on Monday that the rollout was “opportunistic and sloppy,” prompting the company to insert explicit prohibitions against using its AI for…
The Dangote Petroleum Refinery has raised its petrol ex-depot price by 100 Naira, taking the rate from 774 Naira to 874 Naira per litre. Management implemented the change on Monday following a sharp rise in global crude oil prices, which surged past the $80 per barrel mark overnight. The refinery briefly suspended petrol loading at…
