Somalia
Oil prices rise as traders monitor fragile US-Iran ceasefire
Osmond ChiaBusiness reporterThursday April 9, 2026 Oil prices climbed in Asian trading on Thursday as markets tracked the increasingly shaky…
oil
Somalia
Turkish drilling ship nears dock as Somalia moves toward oil production
By Nuri AdenTuesday April 7, 2026 A wave of anticipation is sweeping across Somalia as the country prepares to receive…
Somalia
Somalia set for first offshore oil drilling in historic step
Basillioh Rukanga and Richard KagoeTuesday April 7, 2026 Somalia is poised to launch its first offshore oil drilling campaign, with…
Somalia
Somalia Set for Historic First Offshore Oil Drilling
Somalia is preparing to launch its first offshore oil drilling campaign, with a Turkish government-owned drillship due to reach waters…
Somalia
Somalia says historic oil exploration has economic, geopolitical significance
Monday April 6, 2026 Mogadishu (AX) — Somalia is on the verge of its first offshore oil drilling campaign, a…
Somalia
Oil prices surge, Asian stocks fall as Trump vows continued Iran attacks
Thursday April 2, 2026 Oil markets jolted sharply higher on Thursday, with prices surging more than $5 after President Donald…
Somalia
Somalia’s Offshore Oil Plans Need Independent Environmental Impact Review
By Ali Mohamed AliWednesday April 1, 2026 Illustrative photo Somalia’s push to open its offshore waters to Turkish Petroleum Corporation…
World
Reports say US will allow Russia to send oil to Cuba
A Russian oil tanker nearing Cuba has opened a narrow lifeline for the island as US President Donald Trump insisted…
Somalia
Trump floats seizing Iranian oil, claims Iran is desperate for deal
Trump floats ‘taking control of Iranian oil,’ says Tehran eager for deal US President Donald Trump asserted that Iran’s leaders…
Somalia
North Western State of Somalia sets new fuel prices as global oil costs rise
Thursday March 26, 2026 Hargeisa (AX) — Drivers and businesses across North Western State of Somalia are facing fresh fuel…
Somalia
U.S. allows 30-day at-sea sale of Iranian oil to ease oil prices
A sudden policy shift from Washington is sending ripples through global energy markets, as the Trump administration moves to counter…
