Oil Surges to $105 Amid Fresh Middle East Tensions
Oil prices rose from around $100 per barrel on Wednesday to over $105 as of Thursday following the failure of Iran and the United States to agree on a ceasefire deal to reopen the Strait of...
Hormuz Crisis Raises Alarm for Nigeria, S/Arabia as Global Oil Lifeline Faces Disruption
Rising tensions in the Middle East have placed the strategic Strait of Hormuz at the centre of a growing global economic concern, with analysts warning that a prolonged disruption could trigger severe...