US-Iran conflict: MAN outlines measures to mitigate effect on Nigerian manufacturers
Nigeria’s manufacturing sector may face serious challenges as tensions between the United States and Iran continue to affect global markets. The Manufacturers Association of Nigeria (MAN) has raised concerns that the situation could disrupt operations and slow down growth in 2026. According to MAN’s Director General, Segun Ajayi-Kadir, many manufacturers are already struggling with rising […]
Niger residents question govt’s push for solar as situation worsens
Residents of Niger State are expressing frustration over worsening electricity supply across communities. Many areas have experienced long hours without power, especially during important periods like Eid al-Fitr. Governor Umaru Bago advised residents to consider solar energy, but the suggestion has been widely criticised. Residents argue that solar systems are too expensive and unrealistic for […]
Philippines declares national emergency over Middle East war following fuel crisis
The Philippines has declared a national emergency following a worsening fuel crisis linked to the ongoing conflict in the Middle East. Authorities say the situation has begun to affect daily life and economic activities. Government officials explained that disruptions in global oil supply have led to rising fuel prices and shortages. The crisis is largely […]
Putin: Russia Stands With Iran
Vladimir Putin has reaffirmed Russia’s support for Iran, describing Moscow as a loyal partner during a difficult period. The message came as he extended Nowruz greetings to Iranian leaders, emphasizing unity and cooperation between both nations. In his statement, Putin sent goodwill messages to Mojtaba Khamenei and Masoud Pezeshkian. He expressed hope that the Iranian […]
War: How Strait of Hormuz will open itself – Trump
U.S. President Donald Trump has said the strategic Strait of Hormuz will eventually reopen amid ongoing tensions in the Middle East. Trump suggested that the situation would resolve itself, noting that global pressure and economic realities would force the waterway back into operation. The Strait of Hormuz is a vital route for global oil shipments, […]
Trump threatens to ‘blow up’ the world’s largest gas reserve if Iran continues attacking Qatar
US President Donald Trump has warned that the United States could “massively blow up” Iran’s South Pars gas field if Tehran continues attacks on energy infrastructure in the Gulf. The statement follows Israeli strikes on the South Pars field, the world’s largest shared gas reserve between Iran and Qatar, which escalated tensions in the region. […]
Trump approves Russian oil purchase as Iran war disrupts markets
U.S. President Donald Trump has approved a temporary waiver allowing countries to buy certain Russian oil shipments. The decision comes as the ongoing conflict involving Iran disrupts global energy supply and pushes oil prices higher. The waiver, issued by the U.S. Treasury, permits the sale of Russian crude that had been stranded at sea due […]
M-East war: Hardship deepens with petrol selling at N1,300 per litre
Rising tension in the Middle East has begun to affect fuel prices in Nigeria, with petrol now selling for about ₦1,300 per litre in some areas. The increase has added more pressure on households and businesses already struggling with high living costs. The spike in fuel prices is linked to the ongoing conflict involving Israel, […]
Egypt raises fuel prices up to 30% as Middle East war bites
The government of Egypt has increased fuel prices by as much as 30 percent due to global energy pressure linked to the ongoing conflict in the Middle East. The announcement was made by the Egyptian Ministry of Petroleum and Mineral Resources, which said the adjustment affects gasoline, diesel and vehicle natural gas. Officials explained that […]
Iran is ready for a long war with the US and only economic pain will end it – Iranian official
A senior Iranian official has said the country is ready for a prolonged conflict with the United States. Kamal Kharazi explained that Iran believes the war could continue unless strong economic pressure forces other countries to step in and push for peace. Speaking during an interview, Kharazi said diplomacy is currently unlikely. He accused Donald […]