Iran War

KEY POINTS The International Energy Agency, IEA, has warned that the ongoing conflict in the Middle East is causing what could become the largest supply disruption in the history of …

KEY POINTS Iran has warned that global oil prices could surge to as high as $200 per barrel as tensions in the Middle East escalate and attacks on merchant vessels …

KEY POINTS The International Energy Agency , IEA, has announced the largest coordinated release of emergency oil reserves in history, as member countries move to stabilise global energy markets following …

KEY POINTS Nigeria’s fragile progress in slowing inflation is facing renewed pressure as a fresh surge in fuel prices spreads across the economy, raising fears that the country could slip …

KEY POINTS Nigeria’s growing domestic refining capacity may improve energy security and reduce dependence on imports, but it cannot completely shield the country from fluctuations in global fuel prices, according …

KEY POINTS The Nigerian National Petroleum Company Limited, ,NNPCL, has increased its petrol pump price for the second time in less than 24 hours, following a gantry price hike by …

KEY POINTS Israeli warplanes on Saturday evening carried out airstrikes on oil storage depots and refining facilities in Iran’s capital, Tehran, according to reports by Israel’s public broadcaster. The attacks …

KEY POINTS The Dangote Refinery has raised the ex-gantry price of Premium Motor Spirit, petrol, to N995 per litre, marking a N121 increase from its previous rate of N874 per …

KEY POINTS Global oil prices have surged past $90 per barrel following the escalating conflict involving Iran, triggering fears of another wave of global inflation. The international oil benchmark, Brent …

KEY POINTS Global oil prices rose sharply on Tuesday as escalating tensions in the Middle East raised concerns about a prolonged conflict and the potential disruption of global energy supply. …