Peionews

Oil Prices

EU Leaders Reject Trump’s Call to Secure Strait of Hormuz Amid Oil Crisis

By Elizabeth Ugbo European leaders on Tuesday in Brussels rejected a request by Donald Trump to deploy forces to the…

US–Israel–Iran Conflict Could Push Oil Prices Higher, Warns New Zealand Report

By Elizabeth Ugbo A new report by the New Zealand Ministry of Foreign Affairs and Trade warns that the ongoing…

US–Iran War: How Rising Oil Prices and Middle East Disruptions Could Hit Nigeria’s Economy

By Elizabeth Ugbo Nigeria faces growing economic pressure as the United States–Iran conflict begins to disrupt global energy markets and…

Gulf War Echoes: Why the New Middle East Conflict Matters for Africa

By Elizabeth Ugbo Thirty-five years after Operation Desert Storm, the Middle East again sits at the center of a dangerous…

Oil Prices Surge as US-Israel Strikes on Iran Threaten Global Economy

By Elizabeth Ugbo Oil prices are set to surge on Monday after US and Israeli forces struck Iran, escalating tensions…