Strait of Hormuz

Nigeria's fuel market is facing another potential price shock after fresh fighting between the United States and Iran pushed international crude prices above $90 a barrel and revived fears over global energy supplies.Brent crude, the international benchmark used to...

A surprising new diplomatic move Currently, Washington is reviewing a massive Iran ceasefire offer. Tehran desperately wants to mutually reopen the critical Strait of Hormuz. Consequently, Iranian officials proposed dropping their military blockade completely. However, they want to delay any...