sports
FlySafair Slashes Fuel Fees — South Africa Travellers Get Relief Now
South Africa's FlySafair has announced a reduction in fuel fees across its domestic network, deliver…
Tag
#oil prices
63 articles
world-news
Hezbollah Fires Rockets at Israel — Testing US-Backed Ceasefire
Hezbollah launched rockets at northern Israel on Monday, according to military officials, in an attack that directly challenges a US-mediated ceasefire framework under negotiation. The assault mark…
politics
Iran Strikes Shut Kuwait Airport — Markets Brace for Regional Disruption
Kuwait's main international airport suspended operations on Wednesday after strikes struck near the facility, wounding several people and sending shockwaves through regional markets already nervous…
world-news
Trump Insists Iran Nuclear Talks Are Working — They Are Not
Senior American and Iranian officials have failed to reach agreement on the outlines of a nuclear deal, according to three people briefed on this week's negotiations in Muscat, the Omani capital. T…
opinion
Rand Surges as Iran Nuclear Talks Open Door to Middle East Oil Deal
The South African Rand climbed sharply on Tuesday, leading gains across Asian and emerging market currencies, after diplomats confirmed significant progress in nuclear negotiations between …
science
Oil Prices Slip as US-Iran Tensions Trigger Market Volatility in Singapore
Oil prices edged lower on Wednesday after experiencing their largest gain in a month, driven by escalating tensions between the United States and …
world-news
South Africa's Factory Sentiment Plummets — Demand Declines Amid Economic Strain
South Africa's manufacturing sector faces increasing challenges as factory sentiment dropped to its …
world-news
South Africa Raises Petrol Prices by R1.43 — Businesses Brace for Impact
South Africa's fuel prices are set to increase as petrol rises by R1.43 per litre, effective from Ju…
politics
Nigeria Exits Oil Supply Deal — How This Affects Global Oil Prices
On May 29, 2026, Nigeria announced its exit from a major oil supply agreement with the Organisation of th…
society-culture
Nigeria's Safety Bureau Probes Bonny Anchorage Collision — Business Risks Surge
The Nigerian Safety Investigation Bureau (NSIB) has launched an investigation into a vessel collision that occurred at Bonny Anchorage on 15 October 2023. The incident, involving the oil and chemic…
science
US Military Strikes Gambian-Flagged Ship — Tensions Surge Amid Iran Blockade
On Tuesday, the US military launched a strike against the Gambian-flagged cargo ship Lian Star, which was allegedly violating the international blockade against …
opinion
Nigeria Seizes Control of Oil Production — Markets Brace for Price Spike
Nigeria's government announced an immediate halt on all oil exports effective May 29, 2026, aimed at addressing rampant production inefficiencies and corruption. This unprecedented move is anticipa…
About #oil prices
Oil prices have recently experienced fluctuations due to geopolitical tensions and changes in global demand, with Brent crude trading around $90 per barrel as of October 2023. Analysts predict that ongoing supply constraints and economic factors will continue to influence price movements in the near future.