Trump Delays Planned Iran Strike as “Serious Negotiations” Take Centre Stage
Donald Trump has announced that a planned U.S. military strike on Iran has been temporarily put on hold as what...
Tag Archives: #OilMarkets
US Trade Deficit Widens to $60.3bn as AI-Driven Imports Surge
The United States recorded a slight increase in its trade deficit in March, as rising imports linked to artificial intelligence...
Africa Faces 86 Million-Tonne Fuel Shortfall by 2040 as Iran War Exposes Energy Risks
The ongoing Iran war has exposed Africa’s deep vulnerability to global fuel supply chokepoints, with the continent projected to face...
Trump Hints at Possible Iran Deal as U.S. Naval Blockade Disrupts Oil Shipping
Former U.S. President Donald Trump has suggested that negotiations with Iran to end the ongoing war could soon resume, hinting...
United States to Release 172 Million Barrels from Strategic Petroleum Reserve Amid Soaring Oil Prices
The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve (SPR) to help curb soaring...
US Navy May Escort Tankers Through Strait of Hormuz Amid Rising Tensions
Former US President Donald Trump has said the United States Navy could begin escorting oil tankers through the Strait of...
New Nigerian Crude Grade Obodo Set to Enter Market in April
New Crude Grade to Launch in April A new Nigerian crude grade, medium sweet Obodo, is set to make its...