Iran Archives

Hormuz vessel traffic slumps after brief weekend surge

Observed commercial transits through the Strait of Hormuz have come to a near standstill, marking a sharp reversal after a brief surge in traffic on Saturday, as escalating regional tensions disrupt one of the world’s most critical maritime trade routes. No new vessel crossings were recorded on Sunday, according to tracking data, after Iranian forces […]

monwubukepdnlimited-com
19th April 2026
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featured Oil and Gas

Oil prices drop as Iran declares Strait of Hormuz ‘completely open’

Oil prices plunged Friday after Iran’s Foreign Minister Abbas Araghchi said the vital Strait of Hormuz was “completely open” for commercial tankers and cargo ships during the US-Iran ceasefire. International benchmark Brent North Sea crude plunged 10 per cent to $89.11 a barrel, after earlier falling five percent on US-Iran peace deal hopes. The main […]

aadelekepdnlimited-com
17th April 2026
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356 Views

Transportation

Iran offers alternative routes for ships on Strait of Hormuz

Iran announced alternative routes on Thursday for ships travelling through the Strait of Hormuz, citing the risk of sea mines in the main zone of the vital waterway. Tehran has agreed to temporarily reopen the strait, through which one-fifth of the world’s oil usually passes, as part of a two-week truce. “All ships intending to […]

aadelekepdnlimited-com
9th April 2026
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Iran accuses US of breaching ceasefire deal

Iran has accused the United States of violating a fragile ceasefire agreement, even as Donald Trump maintains that the truce remains intact amid rising tensions across the Middle East. Fresh explosions were reported across key Gulf states, while conflicting claims emerged over the status of the strategically vital Strait of Hormuz, with Tehran declaring it […]

aadelekepdnlimited-com
9th April 2026
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355 Views

featured Oil and Gas

Oil hits $110 as Trump vows Iran power plant attacks

Oil prices climbed sharply Sunday as President Donald Trump threatened military action against Iranian energy facilities if the Strait of Hormuz remains closed, with Brent crude rising 1.4 per cent to $110.60 per barrel and US crude up 1.8 per cent to $113.60. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up […]

aadelekepdnlimited-com
6th April 2026
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Trump threatens to seize Iran’s oil fields amid tensions

United States President Donald Trump has said the US could move to seize Iran’s oil resources, including the key export terminal at Kharg Island, as tensions between the US, Iran and Israel continue to escalate. In an interview with the Financial Times on Sunday, Trump compared the possible move to Washington’s stance in Venezuela, where […]

aadelekepdnlimited-com
30th March 2026
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No negotiations yet amid US-Iran war, says Tehran envoy

Iran’s ambassador to Pakistan on Wednesday said there had been no talks between Washington or Tehran, after United States President Donald Trump signalled tentative progress in diplomatic efforts to end the war. “We have also heard such details through the media, but according to my information — and contrary to Trump’s claims — so far […]

aadelekepdnlimited-com
25th March 2026
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400 Views

Helth

UAE orders closure of Iranian-linked hospital in Dubai amid war

The United Arab Emirates has ordered the closure of an Iranian state-linked hospital in Dubai amid escalating tensions between the two neighbouring countries. The decision comes as ties deteriorate due to Tehran’s aerial campaign against Gulf states following strikes on Iran by the United States and Israel starting February 28. Since then, Tehran has launched […]

aadelekepdnlimited-com
21st March 2026
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Oil and Gas

Iran to facilitate Japan oil transit through Hormuz amid war

Iranian Foreign Minister Abbas Araghchi has stated that Tehran is prepared to assist Japanese ships in transiting the Strait of Hormuz, a critical chokepoint for global oil supplies. This was revealed in an interview with Kyodo News published on Saturday. Japan heavily relies on crude oil imports from the Middle East, with the majority passing […]

aadelekepdnlimited-com
21st March 2026
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Business

Iran continues crude oil exports despite rising regional tensions

Iran has continued exporting crude oil through the Strait of Hormuz despite rising tensions in the region and a noticeable drop in overall maritime traffic, according to a CNN report. The report also said that earlier assumptions by the United States, that Iran would avoid disrupting the strategic shipping lane because it depends on it […]

monwubukepdnlimited-com
19th March 2026
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387 Views

Oil and Gas

Oil soars above $100pb as Iran blocks Hormuz strait

Oil prices surged past $100 per barrel while global stock markets deepened their declines after Iran’s new supreme leader ordered the closure of the Strait of Hormuz. Concerns over a prolonged conflict persisted as United States President Donald Trump stated that stopping the Islamic republic’s “evil empire” was more important than crude prices. Global markets […]

aadelekepdnlimited-com
12th March 2026
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364 Views

Oil and Gas

Iranian boats attack Iraqi oil tankers in territorial waters

Horrifying footage captured thick clouds of black smoke billowing high into the sky above ships carrying Iraqi oil. Beneath the smoke, a fierce inferno raged as the ships’ precious cargo went up in flames. The SUN (UK) reported that one crew member was killed when the tankers came under attack from the Islamic Republic, prompting […]

aadelekepdnlimited-com
12th March 2026
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422 Views

Absa becomes first African bank to launch crypto

Pension assets rise N3.8tn to record N31.8tn in

Oil prices drop as EU weighs diesel reserve

LAMATA begins phase-out of diesel buses in Lagos

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Pension assets rise N3.8tn to record N31.8tn in eight

Pension assets rise N3.8tn to record N31.8tn in eight

Oil prices drop as EU weighs diesel reserve release

Tag: Iran

Hormuz vessel traffic slumps after brief weekend surge

Oil prices drop as Iran declares Strait of Hormuz ‘completely open’

Iran offers alternative routes for ships on Strait of Hormuz

Iran accuses US of breaching ceasefire deal

Oil hits $110 as Trump vows Iran power plant attacks

Trump threatens to seize Iran’s oil fields amid tensions

No negotiations yet amid US-Iran war, says Tehran envoy

UAE orders closure of Iranian-linked hospital in Dubai amid war

Iran to facilitate Japan oil transit through Hormuz amid war

Iran continues crude oil exports despite rising regional tensions

Oil soars above $100pb as Iran blocks Hormuz strait

Iranian boats attack Iraqi oil tankers in territorial waters

Absa becomes first African bank to launch crypto.

Pension assets rise N3.8tn to record N31.8tn in.

Pension assets rise N3.8tn to record N31.8tn in.

Oil prices drop as EU weighs diesel reserve.

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