Nigerian Airlines Avert Shutdown as Iran War Hikes Fuel Prices
Nigerian airlines continued flying Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa’s top crude producer and most populous nation.
Nigerian airlines continued flying Thursday despite threatening a shutdown over sky-high jet fuel prices roiling the industry in Africa’s top crude producer and most populous nation.
Karex, which supplies condoms for brands like Trojan and Durex, said it had to increase prices by up to 30 percent, while global supplier Top Glove said the main material for synthetic rubber gloves had doubled in cost.
Among those killed are at least 274 women and 177 children, according to the health ministry, which does not classify people as combatants or civilians.
Oil prices that had spiked during the supply disruptions plunged after the Iranian announcement of opening the Strait.
Israeli attacks on Lebanon have killed nearly 2,300 people since March 2, Lebanon’s health ministry said, on the first day of the ceasefire in the Israel-Hezbollah war.
East Africa relies heavily on imported fuel, much of it coming through Gulf routes that have been affected by recent tensions involving Iran, the United States and Israel.
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 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 energy supplies.
King’ora cha tahadhari ya mashambulizi ya anga kimelia katika maeneo mbalimbali ya Israel, ikiwemo kitovu cha biashara cha Tel Aviv na mji wa pwani wa kusini wa Ashdod, kufuatia mashambulizi ya makombora kutoka Lebanon.
The United States and Iran have announced a suspension of all attacks for two weeks, and Tehran has agreed to allow safe transit of vessels through the Strait of Hormuz.