The United Nations nuclear watchdog has escalated its confrontation with Iran, referring Tehran to the UN Security Council for failing to meet its obligations under the Nuclear Non-Proliferation Treaty (NPT).
Brent crude climbed towards $100 per barrel as US sanctions and disruptions to Iranian oil exports tightened global supply concerns.
Iranian crude loadings have plunged to about 260,000 barrels per day from 1.7 million bpd a year ago,...
Raja, in a statement issued after the engagement, said discussions centred on the “important role that Iran and Nigeria can play within the BRICS framework”. He also said the two sides examined the latest developments and emerging issues at the international level, as well as opportunities for greater collaboration among countries of the Global South.
The UAE says Iran fired two ballistic missiles towards the Emirates, with both missiles falling into the sea after being assessed as targeting maritime navigation.
Abu Dhabi has suspended all trade, commercial exchanges and financial transactions with Iran...
Brent crude slipped below $80 per barrel after renewed progress in US-Iran talks boosted hopes of reopening the Strait of Hormuz, easing concerns over global oil supply disruptions.
Senior US officials said negotiations were advancing, prompting a sharp...
US President Donald Trump intensifies pressure on Tehran, demanding that Iran either strike a deal with Washington or face what he describes as "total surrender."
Trump accuses Iran's leadership of secretly seeking negotiations while publicly denying any talks,...
US launches massive retaliatory strikes: American forces hit multiple Iranian military targets after Tehran fired missiles at US bases in Jordan, with Washington describing the operation as a "powerful response" aimed at degrading Iran's military capabilities.
Conflict spreads...
Iran launched multiple ballistic missiles targeting US forces in Jordan, with the US military saying all were intercepted.
The attack ended a brief lull in hostilities after weeks of strikes between Washington and Tehran.
CENTCOM described the barrage...
US and Iran suspend military attacks for a second straight day, offering the clearest sign yet that both sides may be ready to return to diplomacy after weeks of escalating conflict.
Global oil prices tumble by more than...
• Brent crude climbed above $95 per barrel for the first time in six weeks as renewed conflict in the Middle East heightened fears of disruptions to global oil supplies.
• The price rally is already affecting Nigeria, with petrol...
The prevailing normlessness in Nigeria, coupled with a justice system that enables criminals until they are proven guilty, was underlined recently by the revelation of a recovered N1.33 trillion in cash and assets by the Economic and Financial Crimes Commission (EFCC).