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A diesel squeeze spurred by wars in the Middle East and Ukraine is setting the stage for an even worse crunch as demand rises ahead of the Northern Hemisphere winter.
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CITIGROUP Inc (Citi) has raised its third-quarter Brent crude forecast to US$80 a barrel from US$75, citing the prolonged US-Iran war and continued disruption to commercial shipping through the Strait…
UK Treasury officials are concerned that the prime minister’s talk of using “flexibility” within the fiscal rules to ramp up investment could backfire by destabilizing financial markets, according to…
Nigeria’s total public debt rose marginally to N159.35 trillion as of March 31, 2026, from N159.28 trillion at the end of December 2025.
Arabian Post Staff -Dubai Abu Dhabi National Oil Company has warned that sustained attacks on its vessels, employees and assets are significantly disrupting operations as insecurity in the Strait of…
Over the past three decades, American investor A. Gary Klesch has amassed a portfolio of struggling steel mills, aluminum smelters, chemical plants and oil refineries, betting he could squeeze value…