Britain has accused Iran of holding the global economy “hostage” as more than 40 countries convened urgent talks aimed at reopening the strategically vital Strait of Hormuz, a key artery for global oil and trade flows disrupted by escalating conflict in the region. The virtual meeting, attended by diplomats from…
President Donald Trump on Friday sharply criticized NATO allies for what he called their insufficient support of the U.S.-Israel war against Iran, labeling longstanding allies as “cowards” in a pointed social media post. “Without the U.S.A., NATO IS A PAPER TIGER!” Trump wrote, accusing allied nations of failing to assist…
Tensions in the Middle East escalated sharply on Saturday as Iran warned it could reduce oil infrastructure linked to the United States to “a pile of ashes,” intensifying fears of a broader regional conflict and a deepening global energy crisis. The warning followed remarks by Donald Trump, who said Washington…
Nigeria’s largest refinery has pledged to prioritise the domestic fuel market in a bid to prevent shortages and cushion consumers from the effects of rising global oil prices linked to tensions in the Middle East. The Dangote Refinery made the commitment on Monday as energy markets reacted to the escalating…
Israel early Wednesday launched a new wave of attacks on Iran, as the United States military confirmed it has struck nearly 2,000 targets inside the Islamic republic since joining the conflict alongside Israel over the weekend. The escalation comes amid rising global energy prices, with President Donald Trump saying the…