The Iranian government has suspended all oil exports through the Strait of Hormuz, escalating tensions in the Gulf and raising alarms among global markets. The move, announced by the Iranian Minist…
Oman has imposed new restrictions on maritime traffic through the Ormuz Strait, a critical chokepoint for global oil and cargo shipments. The move, announced by the Ministry of Energy and Minerals …
The Iranian government’s recent escalation of tensions in the Strait of Hormuz has sent shockwaves through global oil markets, with oil futures price surging to a 14-month high of $112 per barrel o…
The American administration has issued a stark warning following the collapse of high-level talks with Iran, as regional tensions continue to escalate. The stalled negotiations, held in Vienna, fai…
Nigeria’s President Bola Tinubu has pledged to address the rising cost of living as the country grapples with the economic fallout from the Middle East crisis. The move comes after fuel prices surg…
Europa’s stock markets surged on Monday as investors monitored ongoing diplomatic efforts between Ukraine and Iran. The Stoxx 600 index closed 2.3% higher, with major gains in energy and technology…
Pope Leo has postponed his planned visit to Africa, citing financial and logistical challenges, a move that has sparked discussions about the region’s economic stability and its ripple effects on g…
British Airways has announced plans to introduce the world’s largest business class configuration on its Airbus A380 fleet in 2026, featuring 110 Club Suite seats. The move aims to solidify the air…
Nigeria's Trade Union Congress (TUC) has issued a stark warning that petrol prices could surge to N2,000 per litre without immediate government intervention. The warning comes as the country faces …
The International Energy Agency (IEA) has issued a stark warning, stating that the current oil and gas crisis driven by tensions in Iran is more severe than the combined impacts of the 1973, 1979, …
NASA’s Artemis I mission has successfully completed its first test flight, marking a major milestone in the space agency’s plan to return humans to the Moon. The success of the Space Launch System …
The European Commission has issued a formal warning to the Spanish Government, stating that its reduced Value Added Tax (VAT) on fuel violates EU state aid rules. The decision, announced on 20 Apri…
