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Middle East war portends $58 bn repairs cost on energy sector – Rystad
Frank Okon The ongoing conflict involving Iran and regional tensions has pushed potential repair costs for damaged energy infrastructure to as much as $58 billion, according to new analysis by Rystad Energy. The estimate marks a sharp increase from an…
U.S. presses Iran with incentives and threats as ceasefire talks resume
Ziggy Ojiegbe The United States and Iran have entered a critical phase of negotiations, combining economic incentives with military pressure as both sides attempt to resolve disputes over Iran’s nuclear program and regional security tensions. Talks are being brokered by…
UN demands ceasefire sanctity amid Hormuz tensions
Ziggy Ojiegbe UN Secretary-General António Guterres has called on the United States and Iran to continue negotiations to end their weeks-long conflict, warning that there is no military solution as tensions persist around the Strait of Hormuz. Speaking through his…
UN warns Hormuz disruption could trigger global food crisis
Ziggy Ojiegbe The United Nations has warned that ongoing disruptions in the Strait of Hormuz could trigger a global food crisis, as constrained flows of fuel and fertilizers threaten agricultural production and raise the risk of higher food prices worldwide….
Over 100 civilians die in NAF attack on terrorists
Rita Olaniyi A Nigerian Air Force airstrike on a market in northeastern Nigeria has killed at least around 100 civilians, including children, according to reports from Reuters and the Associated Press, in what officials say was part of an ongoing…
Trump threatens further military action if Iran challenges Hormuz control
Frank Okon President Donald Trump on Monday warned of additional military action against Iran, hours after U.S. naval forces began enforcing a blockade around the Strait of Hormuz, escalating tensions in one of the world’s most critical energy corridors. In…
Millions in Haiti face deepening hunger and violence as crisis worsens, UN warns
Sadiq Umar Millions of people in Haiti are facing worsening hunger, displacement and violence as the country sinks deeper into what the United Nations Office for the Coordination of Humanitarian Affairs has described as one of the most severe humanitarian…
Sudan: 14 million displaced; population plagued by hunger, attacks
Frank OKon As Sudan approaches the third anniversary of a brutal civil war, millions remain displaced and hungry while the health system lies in ruins, with no end to the violence in sight, UN agencies said on Friday. Speaking from…
U.S. Naval Forces seize Strait of Hormuz as Europe scrambles support
Ziggy Ojiegbe U.S. naval forces have effectively assumed control of the Strait of Hormuz following the collapse of nuclear negotiations with Iran, in a move that is rapidly reshaping security dynamics across one of the world’s most critical energy corridors….
Oil chiefs demand Trump to reject Iran’s toll on Hormuz
Ziggy Ojiegbe Senior oil industry executives have reportedly urged the administration of Donald Trump to oppose Iran’s proposal to impose tolls on vessels passing through the Strait of Hormuz, a critical global energy corridor. According to U.S. media reports, executives…
