The prices of crude oil have remained flat at below $100 per barrel after Iran announced the closure of the Strait of Hormuz hours after reopening.
It was showed that West Texas Intermediate and Brent crude stood at $83.85 per barrel and $90.38 as of the time of filing this report, nearly the same rate recorded on Saturday.
Recall that WTI and Brent crude prices fell by 11 and 9 percent, respectively, on Iran’s earlier announcement of the full opening of the Strait of Hormuz.
MESSAGE us @ https://Wa.me/+2348072633727 / 08072633727 for business & brand promotion/relationship/partnership, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and any job related to Media…
Recall that the Iranian military had blamed the United States over its decision to re-close the Strait of Hormuz. The Iranian government had insisted that the US remove its blockage at the Strait of Hormuz.
Reacting, US President Donald Trump described Iran’s move to close the Strait of Hormuz again as blackmail.
It was reported that while the Middle East crisis enters its 50th day, ripple impacts have taken their toll on economies around the world, including Nigeria.
Voice Air Media NEWS CHANNEL @
https://whatsapp.com/channel/a0029VaOyfbTF6smu2UTRUn1w
Nigeria’s domestic petrol is between N1,290 and N1,350 per liter on Sunday morning, up from around N900 per liter before the Iran-US-Israel war.
The Joint Admissions and Matriculation Board has apologised for the delay in releasing the results…
In the high-stakes arena of Ekiti politics, leadership is defined by those who stand tallest…
The Osun State chapter of the All Progressives Congress(APC) has enjoined the members of the…
THE campaign organisation of Dr Akin Ogunbiyi has debunked a viral video circulating on social…
The Lagos State Ministry of Justice has released four policemen and a developer, Abiodun Ariori,…
Operatives of the Nigeria Security and Civil Defence Corps, Lagos State Command, have busted a…