Browsing Tag
US-Iran Conflict
2 posts
Global Oil Costs Surge 14 Percent to $84 Following Breakdown of US-Iran Truce
Oil prices jumped 14 percent to $84 per barrel as US-Iran hostilities resumed and the Strait of Hormuz was closed to shipping, boosting Nigeria's export outlook.
US Military Targets Iranian Missile Installations and Boats
The US military launched strikes against Iranian missile sites and boats near Bandar Abbas, citing defensive needs while diplomatic negotiations regarding a ceasefire and nuclear policy remain ongoing.