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The United States Treasury has sanctioned Hengli Petrochemical, China’s second-largest independent “teapot” refinery, for its role in financing the Iranian military. Officials allege the refinery acted as a primary purchaser of Iranian crude, funneling hundreds of millions of dollars to Tehran. This move intensifies Washington’s broader campaign to dismantle Iran’s “shadow fleet” and starve the…
A special envoy to United States President Donald Trump has asked world football governing body FIFA to replace Iran with Italy at the 2026 World Cup, a proposal that immediately reignited debate over politics, merit, and the integrity of the tournament. Paolo Zampolli, an Italian-American businessman and former modelling agent who claims to have…
Iran’s central military command reimposed control over the Strait of Hormuz on Saturday, reversing an earlier reopening of the strategic waterway and accusing the United States of breaking a promise to lift its naval blockade of Iranian ports. The announcement, carried on state television, came just hours after the United Kingdom Maritime Trade Operations…
A high-stakes diplomatic effort to end the war between the United States and Iran has collapsed in Islamabad without a deal. The failure of the summit, mediated by Pakistan, leaves the Middle East in a state of precarious ceasefire. Following hours of negotiations, US Vice President JD Vance confirmed that no agreement was reached. He…
The fragile two-week ceasefire between Washington and Tehran will not extend to the Lebanese front, according to the Israeli Prime Minister. Benjamin Netanyahu clarified on Wednesday that while Israel supports the American effort to neutralise the Iranian nuclear and missile threat, its own military campaign against Hezbollah continues unabated. This distinction sets Jerusalem at odds…
The United Kingdom will host an emergency summit of 35 nations on Thursday to address the paralysis of the Strait of Hormuz. Prime Minister Keir Starmer announced the virtual talks as the US-Israeli conflict with Iran effectively chokes the world’s most vital energy artery. Foreign Minister Yvette Cooper will lead the session to weigh…
Global energy markets are reeling as the Middle East conflict enters a volatile new phase. Crude oil prices surged by nearly 6% on Thursday, climbing to $108.3 per barrel after Iran dismissed a 15-point US peace proposal. Tehran labelled the plan “unfair” and “skewed” toward American and Israeli interests. The rejection abruptly reversed a brief…
United States President Donald Trump said Sunday that Washington was engaged in discussions with Iran over the ongoing conflict but indicated Tehran remained unprepared to conclude a deal, even as Iran’s foreign minister categorically denied any such talks were taking place. Speaking aboard Air Force One, Trump confirmed the existence of diplomatic contacts when…
On Wednesday, March 4, 2026, the Nigerian National Petroleum Company Limited (NNPC) adjusted its pump price to ₦937 per litre, while major independent marketers like Petrocam and Javy followed suit, pricing the product at ₦935 and ₦930, respectively. The price hike is being driven by the escalating war between the United States, Israel, and Iran,…
An Iranian Shahed unmanned aerial vehicle struck the runway of the Royal Air Force Akrotiri base in Cyprus in the early hours of Monday, dealing a sharp blow to British military infrastructure in the Mediterranean and signalling that the widening conflict between Iran and the United States and Israel is now exporting its consequences to…
