‎Saudi Arabia and global markets are entering a new phase of economic uncertainty as the ongoing crisis involving Iran sends shockwaves through the world’s energy markets, trading floors and supply chains. Analysts warn the disruption could mark one of the most significant tests of global oil stability in years.

The Nigerian equities market lost ₦1.4 trillion last week, reversing earlier gains as bearish sentiment dominated four of five trading sessions.  

OPEC+ has agreed to raise oil output by 547,000 barrels per day in September 2026, as escalating conflict in the Gulf threatens to push crude prices higher.

The Federal Airports Authority of Nigeria (FAAN) has announced flight cancellations and delays to Middle East destinations due to airspace closures.

In 2025, approximately 14.66% of Nigeria’s total crude oil production was swallowed by the servicing of crude-backed loan facilities.

Foreign investor participation on the Nigerian Exchange (NGX) took a sharp dive in January 2026, plunging by 75.08% in just one month.