Dangote Refinery Secures 16 Million Barrels of Nigerian Crude for October

Nigeria’s Dangote Petroleum Refinery has secured at least 16 million barrels of Nigerian crude oil for delivery in October, reinforcing the facility’s growing role in the country’s oil industry as it continues to increase processing volumes. According to four industry sources cited by Reuters, the October purchases amount to roughly 520,000 barrels per day, representing […]

US Warns Iran of Intensified Economic Pressure as Two More Ships Are Attacked in Strait of Hormuz

Washington signals tougher sanctions while Gulf shipping risks deepen The United States has warned Iran that it is preparing to significantly increase economic pressure after two additional oil tankers were attacked while transiting the Strait of Hormuz, escalating fears of a wider regional confrontation and renewed disruption to global energy supplies. The latest incidents involved […]