Tag: Global oil market

US-Iran Crisis Deepens as Tanker Clash Threatens Peace Talks

U.S. to deport 18 more Nigerians in criminal enforcement sweep

A U.S. warplane disabled two Iranian tankers on Friday as Washington moved to enforce a blockade on Iranian ports, amid renewed tensions in the Gulf and ongoing efforts to preserve a fragile ceasefire between the United States and Iran. U.S.…

Fuel Shock: Petrol Nears N1,400 as Dangote Raises Prices Again

by Nigerian Mirror

Dangote Refinery Reduces Petrol Price to N699 per Litre Nationwide

Petrol prices in Nigeria are approaching 1,400 naira per liter in many areas as rising global oil prices, driven by tensions between the United States and Iran, ripple through the country’s energy market. The price surge follows the continued…