Oil prices have dropped since the Strait of Hormuz reopened, but it is still unclear how long this situation will last. The reopening followed a tense standoff that drew global …
OilMarkets
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Foreign Report/International Figures
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Business & Economy
Dollar Slips as Hopes Rise for Iran Conflict De‑Escalation
by Toye Faleyeby Toye FaleyeThe U.S. dollar slipped on Tuesday as investors bet the Iran conflict may end sooner than feared. Despite weakness, the currency is on track for its strongest quarter since late …
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By Kehinde Adegoke | Reuters President Donald Trump jolted global energy markets Monday, announcing through social media that the U.S. would postpone military strikes against Iranian energy sites, pending five …
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Features/News Analyses
Strait of Hormuz Attack Shakes Oil Markets: Nigeria’s Gains at Risk as World Reacts
Rising crude prices give Abuja a quick boost, but inflation, higher shipping costs, and deeper economic problems could take away these gains. Report by TOYE FALEYE. Disruption in World’s Shipping …
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Features/News Analyses
INTERNATIONAL AFFAIRS | EPIC FURY: U.S.-Israeli Strikes Kill Iran’s Supreme Leader, Ignite Regional Firestorm
A Decisive Escalation Coordinated U.S.-Israeli strikes killed Iran’s Supreme Leader Ayatollah Ali Khamenei on Saturday, triggering retaliatory missile and drone attacks across the Middle East. The Pentagon dubbed the operation …
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A regional war is having global consequences, quickly changing economies and alliances around the world, writes Toye Faleye. When missiles flew over Tehran, the impact was felt far beyond the …
