Tag: Middle East conflict

Oil Prices Surge Towards $100 as Houthi Strikes Hit Saudi Energy Facilities

September 9, 2026September 9, 2026 Rextun boss No Comments

Global oil prices climbed sharply after Iran-backed Houthi forces launched a wave of missile and drone attacks against energy infrastructure in southern Saudi Arabia, intensifying fears of further disruption to an already strained global oil supply chain. The attacks, which occurred on Tuesday, September 8, targeted several locations including Abha, Jazan, Najran and Khamis Mushait….

Conflict and warfare, World News

Oil Prices Drop to $82 per Barrel as US, Israel and Iran Move to End Conflict

June 15, 2026June 15, 2026 Rextun boss No Comments

Global crude oil prices fell sharply on Monday after the United States, Israel and Iran reached a preliminary agreement aimed at ending months of conflict across the Middle East and reopening the strategically important Strait of Hormuz, a key route for global energy supplies. Brent crude, the international benchmark for oil prices, dropped by about…

Petroleum, Power and Energy

Middle East Tensions Surge: U.S. and Israel Strike Iran as Gulf States Brace for Retaliation

February 28, 2026February 28, 2026 Rextun boss No Comments

On February 28, 2026, the Middle East witnessed a dramatic escalation after the United States and Israel launched coordinated military strikes targeting multiple strategic locations in Iran. The operation, described by U.S. officials as a precision effort to weaken Iran’s military and leadership infrastructure, involved air and missile attacks across key Iranian cities, including Tehran,…

Conflict and warfare

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Kikma on Top 10 Hidden Gems in Ibadan You Need to Visit in 2025July 1, 2025
Ibadan is truly a hidden gem with so much to offer. From the serene Agodi Gardens to the breathtaking views…