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…
oil
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…
East-Africa
Oil Price Surge Affects Economic Conditions Across Africa
The Conversation Africa reached out to five academic experts from Nigeria, South Africa, Senegal, Kenya, and Ethiopia to explore the…
Somalia
Oil prices rise as Trump seeks coalition to reopen Strait of Hormuz
Oil prices climb past $106 as Hormuz standstill chokes global energy flows Oil prices extended gains at the start of…
Somalia
Oil Loading Resumes at UAE’s Port of Fujairah, Industry Source Says
Fujairah resumes oil loading after drone interception and fire at key UAE export hub FUJAIRAH, United Arab Emirates — Oil…
World
Trump threatens Iran’s oil infrastructure as Strait of Hormuz tensions escalate
President Donald Trump threatened new strikes on Iran’s Kharg Island oil hub unless Tehran halts attacks on vessels in the…
