Energy & Mining
-
US Diesel Price Hits New Record High in Blow to Trump
Average US diesel prices jumped above $6 a gallon for the first time on Friday, having surged from $3.7577 a gallon at the start of the US-Iran war, according to the AAA.
-
Over 80 Miners Arrested Outside Turkey’s Energy Ministry
About 100 miners from one of the two mines staged a nine-day hunger strike in the Turkish capital in April to demand that their employer pay their salaries.
-
Nigeria Oil Output Hits Six-Year High, Above OPEC Target
Nigeria’s crude production reached a 74-month high last month, authorities said over the weekend, hitting an average of 1.56 million barrels per day, or 104 percent of its OPEC quota.
-
Oil Prices Dip, Stocks Rise on Lingering Iran Peace Hopes
Crude plunged on Friday after Tehran said it would allow ships to transit the Strait of Hormuz, which had been effectively closed since the war began on February 28.
-
Orca Energy To Exit Tanzania Amid Heavy Investment Costs
Orca underscored that its withdrawal is part of a long-term strategy to preserve capital for shareholder dividends and to realize value from its Tanzanian assets.
-
Kampuni Ya Nishati Ya Orca Kuondoka Tanzania Kufuatia Gharama Kubwa Za Uwekezaji
Orca imesisitiza kuwa kujiondoa kwake kunalenga kulinda fedha kwa ajili ya mgao wa wanahisa na kutimiza mkakati wa muda mrefu wa kupata thamani kutoka kwa mali zake za Tanzania.
-
France, UK to Host Summit on Hormuz This Week
Britain had convened “more than 40 nations who share our aim to restore freedom of navigation” and the summit will discuss ways to protect shipping “when the conflict ends,” Starmer said.
-
Oil Surges, Stocks Drop as Trump Threatens to Block Hormuz
Oil prices surged and stock markets broadly fell Monday after US-Iran peace talks broke down and President Donald Trump announced a plan to block the strategic Strait of Hormuz, ratcheting up fears for Middle East…
-
Oil Prices Rally, Stocks Edge up After Trump’s Latest Iran Threat
As the Middle East war entered its sixth week, the US president warned Tehran that its civilian infrastructure would be destroyed if it did not let ships through the waterway, through which a fifth of…
-
Ongezeko bei ya mafuta lachochea hofu ya mfumuko wa bei
Ongezeko hili kubwa zaidi ya asilimia 33 kwa petroli na dizeli ndani ya mwezi mmoja linatokana na mzozo unaoendelea Mashariki ya Kati, kati ya Marekani, Israel na Iran, ulioonza tangu Februari 28, 2026.
