Oil prices declined Monday as investors welcomed progress in talks between the United States and Iran, raising hopes for a broader agreement that could ease tensions in the Middle East and reduce risks to global energy supplies. The talks, held…
Vulnerable economies around the world are facing rising energy costs as oil import bills are projected to increase by about $20 billion annually amid surging crude prices driven by tensions in the Middle East, the United Nations said. The…
Dangote Petroleum Refinery and Petrochemicals exported an estimated 1.66 billion liters of refined petroleum products in April 2026, according to fresh data released by the Nigerian Midstream and Downstream Petroleum Regulatory Authority,…
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.…
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