Skip to content
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…
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…
Outrage as Dynacom pushes tankers through dreaded Strait of Hormuz
Ziggy Ojiegbe Security analysts and maritime unions have expressed outrage after global shipping company Dynacom Tankers continued sending its vessels through the dangerous Strait of Hormuz despite threats from Iran to attack ships entering the waterway. The narrow maritime corridor,…
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…
Fuel price jump looms as crude price hits $90/b on Strait of Hormuz closure
Sopuruchi Onwuka Nigerians should brace fuel price jumps as crude oil prices in the international market continues rise on the back of worsening military confrontations among parties and interests in the prevailing Iran war. Oracle Intelligence reports that crude oil…
Airlines resume cautious flights amidst Middle East airspace risks
Virgin Atlantic has become the latest airline to resume operations from the United Arab Emirates, operating its first flight to London Heathrow since regional airspace closures began following the escalation of the US-Israel conflict with Iran. The British carrier’s scheduled…
Iran war: Qatar to extend visas for stranded travelers
Sopuruchi Onwuka The Qatari Ministry of Interior has assured travelers stuck in the country due to the prevailing airspace closure that their entry visas would be extended without fees for one month for all entry categories. The extension, according to…
War in Iran: Qatar Energy declares force majeure on LNG production
Ziggy Ojiegbe World’s leading exporter of liquefied natural gas (LNG), QatarEnergy, has declared force majeure to buyers on Wednesday after Iranian attacks on the country. The announcement came two days after the company halted production at the country’s main site….
