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international

Oil markets grow sceptical of Trump signals

A month into the ongoing US and Israeli strikes on Iran, uncertainty continues to dominate global oil markets, with analysts struggling to interpret the signals coming from Donald Trump. Initially, statements and social media posts from the US president had a strong influence on oil prices, triggering sharp movements as investors reacted to any hint of escalation or de-escalation. However, recent developments suggest that traders are becoming more cautious about relying on such signals. Before the conflict began on 28 February, oil prices hovered around $72 per barrel. They later surged, reaching a peak of $118 on 19 March. As of the latest trading sessions, prices remain elevated at just under $112, reflecting ongoing geopolitical tensions. Market analysts say oil prices are now acting as a barometer for broader global risks. According to investment experts, prices tend to rise when […]

Abubakar March 28, 2026

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international

Back-to-back World Cup titles a ‘dream’ for Argentina, says Tagliafico

Argentina full-back Nicolas Tagliafico says it would be a “dream” for the Albiceleste to win back-to-back World Cup titles at the 2026 finals in the United States, Mexico and Canada. He noted that only Brazil and Italy have ever retained the trophy, and that Argentina are determined but must stay focused “day by day” and take the tournament one match at a time. Tagliafico pointed out that Lionel Messi, now 38, has confirmed this will be his sixth and final World Cup, with Argentina heading into the tournament as one of the favourites after finishing top of the South American qualifiers. He said the squad remains largely the same as the team that triumphed in Qatar, but has been refreshed with hungry young players like Nicolas Paz, Marcos Senesi and Valentin Barco. The Lyon defender admitted the expanded 48-team format […]

Abdulmumini Auwal SA March 27, 2026

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international

Iran Guards say they turned back three ships in Strait of Hormuz

Iran’s Revolutionary Guards have announced that they turned back three container ships attempting to transit the Strait of Hormuz, declaring the strategic waterway closed to vessels travelling to and from ports belonging to allies of the United States and Israel. The Guards said the move came after what they called “lies” by US President Donald Trump, who had claimed the strait remained open. According to a statement on the Sepah News website, the Guards warned that any vessel heading to or from ports of countries they described as “allies and supporters of the Zionist-American enemies” is now prohibited from passing through the corridor. They stressed that Iran would enforce this restriction as part of its response to the ongoing war sparked by US and Israeli attacks on February 28. Energy market intelligence firm Kpler said it identified two container ships […]

Abdulmumini Auwal SA March 27, 2026

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international

Iran warns hotels housing US troops will be targets

Iran’s military has warned that hotels accommodating United States soldiers across the Middle East will be treated as legitimate targets in its ongoing war with the US and Israel. Armed forces spokesman Abolfazl Shekarchi told state television that once American troops move into a hotel, “from our perspective that hotel becomes American,” insisting Iran will strike wherever US forces are located. Shekarchi argued that Iran cannot “stand by and let the Americans strike us” without responding in kind, signalling a further escalation in a conflict that has already engulfed large parts of the region. The war exploded after Israel and the US launched strikes on Iran on February 28, killing Supreme Leader Ayatollah Ali Khamenei and triggering waves of Iranian drone and missile attacks on Israel and US interests. Iran’s Foreign Minister Abbas Araghchi accused US soldiers of using civilians […]

Abdulmumini Auwal SA March 27, 2026

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international

Trump to Visit China for Talks with Xi

US President Donald Trump is scheduled to visit China on May 14-15 to meet with President Xi Jinping. The trip had been postponed from late March due to the ongoing conflict involving Iran. This will be the first visit by a US president to China in nearly a decade. Trump also announced that Xi Jinping is expected to visit Washington later this year. Preparations for both trips are reportedly underway. White House Press Secretary Karoline Leavitt confirmed the new dates, noting that China understood the need to delay the visit so Trump could remain in the US during critical military operations. Beijing has not officially confirmed the dates, but Chinese officials stated that both sides are maintaining communication regarding the visit. They also highlighted the strategic importance of leader-level diplomacy for guiding bilateral relations. The trip was initially postponed after […]

Abubakar March 26, 2026

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international

Tehran studies US 15 point peace plan as Iran fires missiles at US carrier

Iran has received a 15 point peace proposal from the United States aimed at ending the Middle East war, Pakistani officials have confirmed. The plan was relayed to Tehran through Pakistani intermediaries even as Iran announced it had fired a volley of cruise missiles at the US aircraft carrier USS Abraham Lincoln. The conflict, which began on February 28 with a joint US Israeli bombing campaign on Iran, has rapidly spread across the region. The fighting has sent oil prices soaring and raised fears that the global economy could be pushed into a new crisis. US President Donald Trump has repeatedly claimed that talks with Iran are making progress, although Tehran continues to deny that any direct negotiations are taking place. Despite the public denials, two senior officials in Islamabad told AFP that American proposals to halt the fighting have […]

Abdulmumini Auwal SA March 25, 2026

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international

Trump taps top tech chiefs for new US science council

United States President Donald Trump has appointed a group of high profile technology leaders, including Meta CEO Mark Zuckerberg and Google co founder Sergey Brin, to his new President’s Council of Advisors on Science and Technology. The council will guide the White House on emerging technologies such as artificial intelligence, advanced computing and national security innovation. The initial 13 member team also features Nvidia chief executive Jensen Huang, Oracle executive chairman Larry Ellison and AMD CEO Lisa Su, alongside venture capitalist Marc Andreessen and other industry figures with deep experience in AI, cloud computing, chips, quantum technology and clean energy. According to a statement from the White House, the council will focus on how new technologies will reshape the American workforce and how the United States can maintain global leadership in science and innovation. It will review regulatory barriers, assess […]

Abdulmumini Auwal SA March 25, 2026

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international

Meta fined $375m over child safety failures

A court in New Mexico has ordered Meta to pay $375 million in damages after a jury found the company misled users about the safety of its platforms for children. The ruling follows a seven-week trial in which jurors concluded that Meta, which owns Facebook, Instagram and WhatsApp, exposed young users to harmful content, including sexually explicit material and contact with predators. Raul Torrez described the decision as “historic,” noting it is the first time a US state has successfully held Meta accountable in court over child safety concerns. The jury determined that the company violated consumer protection laws by misleading the public about safeguards for minors. Evidence presented during the trial included internal documents and testimony from former employees indicating that Meta was aware of risks posed to younger users. Among the witnesses was Arturo Béjar, who testified that […]

Abubakar March 25, 2026

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international

$150 oil could trigger global recession

The head of BlackRock has warned that a sharp rise in oil prices could push the global economy into recession, as geopolitical tensions continue to unsettle markets. Larry Fink said that if oil prices climb to around $150 per barrel and remain elevated, the impact on the global economy would be severe. According to him, prolonged high energy costs could lead to a “steep recession,” especially if instability linked to Iran persists. He outlined two possible scenarios: a de-escalation that could bring oil prices back down, or a prolonged period of elevated prices above $100 per barrel. In the latter case, the consequences for growth, inflation and global demand would be significant. Rising energy costs are already affecting financial markets, with investors reacting to uncertainty in the Middle East. Fink emphasized that higher oil prices act like an economic burden, […]

Abubakar March 25, 2026

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international

Denmark vote leaves no clear majority

Denmark’s general election has delivered a fragmented outcome, with Prime Minister Mette Frederiksen and her Social Democrats securing the largest share of votes but suffering their weakest result in more than a century. The party won 21.9% of the vote, maintaining its position as the country’s leading political force. However, the broader left-leaning “red bloc” failed to secure the 90 seats required for a parliamentary majority, despite narrowly leading with 84 seats compared to 77 for the right-wing “blue bloc”. The result marks a significant setback for the Social Democrats, who have governed since 2019. Addressing supporters, Mette Frederiksen acknowledged the disappointing outcome but emphasized that her party remains the most popular in Denmark. On the opposition side, the Liberal Party also recorded historically low support, finishing with just over 10% of the vote and falling behind the Socialist People’s […]

Abubakar March 25, 2026

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