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 Strait of…
Mowduuc
oil
World
Trump: U.S. launched airstrikes on military targets at Iran’s Kharg Island oil hub
U.S. strikes hit military targets on Iran’s Kharg Island, President Donald Trump said, warning he will consider targeting the country’s oil infrastructure…
Somalia
U.S. military not ready to escort oil tankers through Strait of Hormuz, official says
Friday March 13, 2026 Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan in…
West-Africa
Nigeria Faces Heightened Concerns Amid Soaring Global Oil Prices
Domestic Petrol Prices Rise Amid Global Supply Concerns Initial hopes for a reduction in domestic petrol prices sparked by the International Energy…
Editorial
Houthi Naval and Aerial Drones Hit US-Linked Oil Tanker in Red Sea
You are an elite, award-winning international journalist and a meticulous senior editor. Your job is to transform raw source material into a…
World
Iranian strikes set oil tankers ablaze near Iraq, defying Trump’s claims
Iran-linked attacks set two fuel tankers ablaze in Iraqi waters as Tehran escalated strikes on oil and transport infrastructure across the Middle…
Somalia
Oil surges past $100 amid Iran turmoil, driving up global food costs
Oil prices leap past $100 as Iran conflict chokes Hormuz, stoking global food inflation risk LONDON — Oil prices surged above $100…
World
Why Strategic Oil Reserves Are the World’s Emergency Energy Buffer
G7 weighs release of strategic oil reserves as IEA signals no immediate action G7 finance ministers are expected to discuss a possible…
Somalia
Oil and gas prices surge as Iran conflict shows no sign of easing
Oil surges past $90 as war in Middle East chokes Strait of Hormuz, rattling fuel costs worldwide Oil prices spiked and showed…
Somalia
Mogadishu Fuel Prices Surge 77% as Middle East Conflict Roils Global Oil Markets
MOGADISHU, Somalia — Fuel prices in Somalia’s capital surged nearly 77% overnight on Sunday, intensifying pressure on households and businesses already strained…
Somalia
Stock markets, oil prices volatile amid fears Iran conflict will drag on
Stocks in the U.K. and U.S. rose while Asian indexes tumbled Wednesday as oil and gas prices whipsawed on fears the U.S.-Israel…
