World
Oil and gas freight costs soar as Iran threatens Strait of Hormuz
Strait of Hormuz disruption sends tanker and LNG shipping rates to records as U.S.-Iran tensions spike Global oil and gas…
oil
Somalia
Global oil and gas prices surge as conflict intensifies
Oil and gas prices jumped Monday as escalating Iranian strikes across the Middle East snarled shipping lanes, hit energy infrastructure…
Somalia
Iran Claims Strait of Hormuz Closure, Fueling Fears of Oil Market Shock
AXADLE, Somalia — Iran’s state media reported that the Islamic Revolutionary Guard Corps has declared the Strait of Hormuz closed…
World
Oil prices spike amid Iran conflict, disrupting Middle East supplies
Oil and natural gas prices surged as Israeli and U.S. strikes on Iran and retaliatory attacks by Tehran forced shutdowns…
Southern-Africa
Namibian President’s Sons Reject Allegations Tying Them to Oil Industry
President Netumbo Nandi-Ndaitwah’s two sons have rejected as “a blatant lie” allegations by Independent Patriots for Change (IPC) leader Panduleni…
Southern-Africa
Namibian President’s Sons Reject Allegations Tying Them to Oil Industry
President Netumbo Nandi-Ndaitwah’s two sons have rejected as “blatant lies” an accusation by Independent Patriots for Change (IPC) leader Panduleni…
Southern-Africa
Opposition Warns of Power Shift in Namibia’s Contested Oil Bill
Opposition parties in Namibia on Thursday united in opposing a petroleum amendment bill that would transfer regulatory authority over oil…
Southern-Africa
Namibia Opposition Warns of Power Shift from Controversial Oil Bill
Opposition parties in the National Assembly have united to reject a petroleum amendment bill that would transfer oil and gas…
Somalia
Somalia hosts Turkish naval ships as offshore oil exploration nears launch
Somalia welcomes Turkish naval vessels as offshore oil exploration nears start MOGADISHU, Somalia — Somalia’s deputy defense minister, Omar Abdi…
World
U.S. cuts tariffs on Indian goods as India plans to halt Russian oil imports
Trump announces U.S.-India trade deal slashing tariffs to 18%, tied to cuts in Russian oil purchases President Donald Trump said…
World
Trump claims India plans to buy Venezuelan oil
Trump says India will buy Venezuelan oil as U.S. eases curbs, aiming to replace Russian supplies President Donald Trump said…
