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Strait of Hormuz

  • In the NewsOil & Gas

    Middle East Conflict Threatens Global LNG Supply

    by Oluwatosin Racheal Alabi April 27, 2026
    by Oluwatosin Racheal Alabi April 27, 2026

    KEY POINTS Global natural gas markets are facing renewed pressure as escalating tensions in the Middle East threaten the stability of liquefied natural gas, LNG, supply chains, raising concerns over …

  • In the NewsMarketsOil & Gas

    Oil Prices Surge Weekly Despite Volatile Trading Amid U.S.–Iran Tensions

    by Oluwatosin Racheal Alabi April 26, 2026
    by Oluwatosin Racheal Alabi April 26, 2026

    KEY POINTS Oil prices fluctuated sharply on Friday, ultimately closing mixed. Brent crude rose slightly to $105.33 per barrel, while U.S. West Texas Intermediate (WTI) fell to $94.40. Despite the …

  • In the News

    US Nuclear Super Carrier Transits Namibia’s Waters en Route to Arabian Sea Deployment

    by Ikeoluwa Juliana Ogungbangbe April 24, 2026
    by Ikeoluwa Juliana Ogungbangbe April 24, 2026

    The USS George HW Bush is sailing in Namibia’s exclusive economic zone as it moves toward the Arabian Sea amid tensions over the Strait of Hormuz.

  • In the News

    South Africa Shifts Fuel Imports Away From Arabian Gulf Amid Hormuz Shipping Crisis

    by Ikeoluwa Juliana Ogungbangbe April 20, 2026
    by Ikeoluwa Juliana Ogungbangbe April 20, 2026

    South Africa’s fuel industry is rerouting imports away from the Arabian Gulf, securing April-to-June shipments from West Africa, the Atlantic Basin and Asia.

  • In the NewsMarketsOil & Gas

    Oil Prices Climb as Doubts Over U.S.–Iran Peace Talks Deepen Hormuz Supply Fears

    by Oluwatosin Racheal Alabi April 16, 2026
    by Oluwatosin Racheal Alabi April 16, 2026

    KEY POINTS Global oil prices rose by more than 1% on Thursday, recovering from earlier losses as traders grew increasingly doubtful that ongoing diplomatic efforts between the United States and …

  • In the News

    TotalEnergies Reports Damage at Saudi SATORP Refinery After Overnight Incidents

    by Oluwatosin Racheal Alabi April 12, 2026
    by Oluwatosin Racheal Alabi April 12, 2026

    KEY POINTS TotalEnergies has confirmed that one of the processing units at the SATORP refinery in Saudi Arabia was damaged during overnight incidents earlier in the week. The company said …

  • In the NewsOil & Gas

    Oil Prices Rise as Attacks on Saudi Facilities, Hormuz Disruptions Spark Supply Fears

    by Oluwatosin Racheal Alabi April 10, 2026
    by Oluwatosin Racheal Alabi April 10, 2026

    KEY POINTS Oil prices climbed on Friday amid growing concerns over supply disruptions following attacks on energy facilities in Saudi Arabia and continued restrictions on shipping through the Strait of …

  • In the NewsOil & Gas

    Oil Prices Rebound as Fragile Gulf Ceasefire Keeps Supply Concerns High

    by Oluwatosin Racheal Alabi April 9, 2026
    by Oluwatosin Racheal Alabi April 9, 2026

    KEY POINTS Global oil prices rose on Thursday as doubts over the durability of a ceasefire in the Middle East raised concerns that energy shipments through the strategic Strait of …

  • In the NewsMarketsOil & Gas

    Oil Prices Surge as Near-Term Supply Fears Grow

    by Oluwatosin Racheal Alabi April 3, 2026
    by Oluwatosin Racheal Alabi April 3, 2026

    KEY POINTS Global oil markets tightened sharply after Donald Trump vowed to intensify attacks on Iran, sending prices for near-term crude deliveries to record premiums over later contracts. Traders rushed …

  • In the NewsOil & Gas

    India Eyes Nigeria for More Oil and LPG as Hormuz Crisis Upends Global Energy Supply

    by Ikeoluwa Juliana Ogungbangbe April 2, 2026
    by Ikeoluwa Juliana Ogungbangbe April 2, 2026

    India is turning to Nigeria as a strategic energy partner as Strait of Hormuz disruptions from the US-Israel-Iran conflict reshape global supply routes

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