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Strait of Hormuz

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Nigeria

Iran war: Falana urges Nigeria to work with other countries to pressure Trump

Human rights lawyer Femi Falana has called on Nigeria to collaborate with other countries to mount diplomatic pressure on United States President Donald Trump over the ongoing war involving Iran, Israel and the US. Falana said Nigeria should revive its tradition of multilateral diplomacy, like in the days of the Non Aligned Movement, by working with other nations to ensure respect for international law and to push for restraint on all sides. He criticised Trump for what he described as contempt for international law and United Nations resolutions, noting that the US under his watch has withdrawn from dozens of UN decisions. Speaking on Channels Television’s Politics Today, the Senior Advocate of Nigeria argued that Nigeria and other countries must persuade global powers such as China and Russia to intervene diplomatically in the crisis, since they wield significant influence over […]

Abdulmumini Auwal SA March 13, 2026

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international

Trump says Iran’s new Supreme Leader is alive but “damaged”

United States President Donald Trump says he believes Iran’s new Supreme Leader, Ayatollah Mojtaba Khamenei, is still alive but “damaged” after the US and Israel’s opening strikes on Iran. Mojtaba, whose father and former Supreme Leader Ali Khamenei was killed on the first day of the war, has not been seen in public since he was selected by Iran’s Assembly of Experts on March 8. His first comments to the nation were delivered as a written message read out by a television presenter, fuelling speculation about his condition. An Iranian official told Reuters that the new leader was “lightly injured” and continues to function, with state TV referring to him as “war wounded.” Asked about rumours that Mojtaba might be dead or incapacitated, Trump told Fox News’ “Brian Kilmeade Show”: “I think he probably is (alive). I think he is […]

Abdulmumini Auwal SA March 13, 2026

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international

I lost my father and wife, Iran’s new Supreme Leader vows revenge

Iran’s new Supreme Leader, Ayatollah Mojtaba Khamenei, has vowed revenge for the deaths of his relatives and other Iranians killed in recent strikes, saying Tehran will not back down from retaliatory actions. In his first public message since assuming office, Mojtaba said he lost his father, his wife, a sister and her child, as well as his other sister’s husband, in the air strikes that hit Iran late last month. He described the attacks as brutal crimes carried out by the United States and Israel and said they had deepened his resolve to pursue justice. The new leader also referred to a deadly strike on a girls’ school in southern Iran, which Iranian sources say killed around 160 to 170 schoolgirls on the first day of the war. He said Iran is “especially sensitive to the blood of our children” […]

Abdulmumini Auwal SA March 12, 2026

international

Iran fires missiles at Israel as US Republicans block bid to halt air war

Iran has launched a new wave of missiles at Israel, sending air raid sirens blaring and forcing millions of people into bomb shelters as the war entered its sixth day. The overnight barrage targeted sites across Israel and also triggered defensive action from nearby countries, including Turkey, where a missile was intercepted before entering its airspace. At the same time, Republican senators in Washington blocked a resolution that sought to halt the United States air campaign against Iran and require fresh congressional approval for any further military action. The war powers measure failed by 53 votes to 47, largely along party lines, leaving President Donald Trump with broad freedom to continue directing US strikes in support of Israel. US Defense Secretary Pete Hegseth told Israeli Defence Minister Israel Katz that Washington would stand firmly behind Israel’s operations, saying the United […]

Abdulmumini Auwal SA March 5, 2026

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international

Oil Prices Jump Amid Strait of Hormuz Crisis

Global oil prices climbed sharply after Iran intensified strikes across the Middle East, raising fears of disruption to energy supplies. Brent crude, the international benchmark, jumped 10% on Monday to briefly exceed $82 per barrel following reports that at least three vessels were attacked near the Strait of Hormuz over the weekend. Natural gas prices also surged by up to 25% amid concerns about supply constraints. Iran warned commercial vessels against passing through the strategic waterway, through which roughly 20% of global oil and gas shipments transit. Shipping activity at the entrance to the strait has slowed dramatically, with analysts cautioning that a prolonged disruption could drive energy prices significantly higher. In the UK, the FTSE 100 opened nearly 1% lower, with airline shares hit by widespread airspace closures across the Middle East. European markets experienced sharper losses: France’s CAC […]

Abubakar March 2, 2026

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new africa

Bonny Light hits 80 as US Israel strikes on Iran rattle oil markets

Nigeria’s Bonny Light crude has climbed to around 80 dollars per barrel as United States and Israeli strikes on Iran deepen tensions and disrupt energy trade routes. The price spike follows days of gains driven by fears that fighting involving Iran, a key Gulf producer, could choke shipments through the Strait of Hormuz, which handles about 20 percent of global oil flows. Traders and analysts said many tanker owners, oil majors and commodity houses have reduced or suspended movements of crude, fuel and liquefied natural gas through the narrow waterway, increasing demand for alternative grades like Bonny Light. Bonny Light, prized for its low sulphur content and suitability for gasoline and jet fuel production, has benefitted as buyers seek supplies less exposed to direct Gulf risks. The surge comes against the backdrop of Nigeria’s 2026 budget, which is benchmarked at […]

Abdulmumini Auwal SA March 2, 2026

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international

US warns Iran as Trump weighs strike options

The White House has warned that Iran would be “very wise” to reach an agreement with the United States, as reports indicate that Donald Trump is reviewing potential military options against the Islamic Republic. Press secretary Karoline Leavitt said the president still prefers a diplomatic solution to the dispute over Tehran’s nuclear programme. However, she acknowledged that arguments for military action are under consideration, noting that discussions within the administration remain ongoing and fluid. US media outlets, including CBS News, reported that Trump has discussed possible strike scenarios with advisers and has not yet made a final decision. Sources cited in the reports suggested that action could be taken in the coming days if negotiations stall. The developments come as Washington strengthens its military presence in the region. Satellite imagery confirmed the deployment of the aircraft carrier USS Abraham Lincoln […]

Abubakar February 19, 2026

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international

Oil prices climb as Trump steps up threats against Iran

Global oil prices have risen again after US President Donald Trump intensified threats against Iran, fuelling fears of supply disruptions from the major crude producer. The latest gains come as US and Iranian officials hold sensitive talks on Tehran’s nuclear programme in Geneva. On Tuesday, US benchmark West Texas Intermediate climbed by around 1.5 per cent, while Brent North Sea crude also ticked higher in early trading. Late last month, Brent had already pushed above 70 dollars per barrel for the first time since July, with WTI moving past 65 dollars, as tensions escalated. The rally has been driven by a series of public warnings from Trump, who has repeatedly told Iran to accept a new nuclear deal or face military strikes. He boasted that a “massive armada” led by the USS Abraham Lincoln carrier strike group was heading towards […]

Abdulmumini Auwal SA February 17, 2026

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international

Iran army chief warns US, Israel against attack, says forces on high alert

Iran’s army chief, Major General Amir Hatami, has warned the United States and Israel that any military attack on his country would endanger their own security and that of the wider region. He said Iran’s armed forces are on full defensive and military readiness following heavy US deployments in the Gulf. Hatami cautioned that if “the enemy makes a mistake,” it will threaten the security of the US, the Middle East and what he called the Zionist regime. His comments came after Washington sent a naval strike group led by the aircraft carrier USS Abraham Lincoln to the region, amid US threats to intervene following a deadly crackdown on anti government protests in Iran. Iran has repeatedly warned it would respond to any attack with missile strikes on US bases, ships and allies, including Israel. On Friday, President Donald Trump […]

Abdulmumini Auwal SA January 31, 2026

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USA

Strait of Hormuz at Risk: What If Iran Closes the Global Oil Corridor?

What’s the Strait of Hormuz—and Why It Matters? A narrow 21–33 km passage between Iran and Oman, the Strait of Hormuz links the Persian Gulf to the Gulf of Oman—serving as the single largest marine oil export route, carrying about 20 million barrels per day (≈ 20% of global seaborne oil and ~25% of LNG). Nations like Saudi Arabia, UAE, Kuwait, Iraq, Qatar, and especially Iran rely on this corridor for energy exports. What If Iran Closes the Strait? 1. Oil Prices Skyrocket Analysts warn Brent crude could surge above $100–150/barrel, potentially triggering a global inflation shock . Even speculation could lift prices by $4–5/barel, moving Brent past $80—up from ~$77 before recent strikes. 2. Global Economic Fallout Increased fuel prices drive up inflation, shipping costs, and squeeze developing economies. Central banks like the U.S. Fed may delay rate cuts, slowing economic […]

Ahmad June 23, 2025

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