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Over 27,000 flights, 4.4m seats cancelled as travelers stranded in Middle East
Frank Okon More than 27,000 flights to and from the Middle East to international destinations have been cancelled, with an estimated 4.4 million airline seats removed from schedules over the past week as Iranian regime ratchets bombardment of neighboring Arab…
Iran war erases LNG glut fears as market shifts toward deficit
Attacks linked to the ongoing conflict involving Iran and disruptions to oil and gas production across the Middle East have rapidly changed the outlook for the global liquefied natural gas (LNG) market. Security concerns around shipping through the Strait of…
Dynacom tanker slips through Hormuz flashpoint without signal
Ziggy Ojiegbe A tanker carrying about one million barrels of Saudi crude oil has quietly sailed through the strategically vital Strait of Hormuz, becoming one of the first large vessels to leave the Persian Gulf since maritime traffic through the…
Oil crisis portends chaos on global economy__ Aramco CEO
Ziggy Ojiegbe The Chief Executive Officer of Saudi Aramco, Amin Nasser, has warned that continued disruptions to global energy supply could have “catastrophic” consequences for the world economy as tensions in the Middle East escalate. Speaking to analysts and investors…
Oil crunch: European forces mobilizing to reopen Strait of Hormuz
Sopuruchi Onwuka Military hardware from several European countries is being assembled in Cyprus following recent missile and drone attacks by Iran, as the United States and Israel intensify their aerial campaign against the Islamic Republic. The conflict has triggered a…
Asia’s EV Revolution Accelerates on Iran War Oil Shock
Ziggy Ojiegbe The shift from internal combustion engine vehicles to electric vehicles (EVs) across Asia is gaining fresh momentum as fuel prices surge following the war in Iran, which has rattled global oil markets. Southeast Asia, where the transition to…
Cracks visible in Iran’s leadership as new strikes light up Tehran
Ziggy Ojiegbe Palpable cracks are emerging within Iran’s leadership at a time when the country is facing intensifying attacks from the United States and Israel, raising doubts about who is directing Tehran’s war strategy as the conflict enters its second…
Iran issues ‘Shoot-to-Kill’ order on protesters as wartime unrest Intensify
Ziggy Ojiegbe Iran’s government has issued a stark warning to citizens, authorizing security forces to shoot anyone suspected of aiding the country’s enemies as tensions rise during the ongoing war with Israel and the United States. In statements broadcast on…
Sailing Iran’s ships turns risky after US submarine sank frigate
Sri Lanka evacuates crew from another Iranian ship Ziggy Ojiegbe Sri Lanka has evacuated 208 crew members from an Iranian naval vessel off its coast following escalating maritime clashes involving Iranian and U.S. forces in international waters. The evacuation came…
Iran shops mediators as Trump demands ‘unconditional surrender’
Israel Intensifies Strikes on Lebanon and Iran Ziggy Ojiegbe Iranian President Masoud Pezeshkian said Friday that Tehran is working with several unnamed countries to mediate an end to the expanding conflict with the United States and Israel. The war, now…
