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Rano Air has announced the temporary suspension of some of its flight routes due to the sharp increase in aviation fuel prices and rising operational costs within Nigeria’s aviation industry. In a statement released on Friday, the airline said the cost of Jet A1 fuel has surged by more than 300 per cent, making operations
JUST IN: Nigerian Airline Suspends Some Flight Routes Over Rising Aviation Fuel Prices Read More »
NEW YORK (AP) — U.S. stocks are rising toward records Friday following the latest sign that the nation’s job market is doing better than economists expected. The S&P 500 climbed 0.7% and was on track to top its all-time high after a report said U.S. employers added 115,000 more jobs than they cut last month,
By Editorial Dept – May 08, 2026, 6:30 AM CDT Crude oil prices experienced one of the most volatile trading weeks of 2026 during the period of May 3 through May 7, as traders reacted to the ongoing U.S.-Iran conflict, disruptions in the Strait of Hormuz, and sudden changes in diplomatic negotiations. June West Texas
Oil Prices Whipsaw as U.S.-Iran Conflict Shakes Markets Read More »
By Tsvetana Paraskova – May 08, 2026, 5:30 AM CDT Global seaborne jet fuel exports crashed to a seasonal low in April as supplies remained trapped in the Middle East and Asian refiners slashed run rates amid lower crude availability, energy flows analytics firm Vortexa said in a report on Friday. Global seaborne exports of
Global Jet Fuel Exports Hit 10-Year Seasonal Low in April Read More »
Oil drilling rigs Oil prices trimmed gains on Friday after renewed clashes between the US and Iran threatened the ceasefire and dashed hopes for progress on reopening the Strait of Hormuz. Brent crude futures for July rose about 1.15%, or $1.15, to $101.23 per barrel as of 07:55 am KSA time, after touching $102.92 (+2.85%).
Oil pares gains to around 1%, Brent trades above $101 Read More »
Bitcoin retreated amid clashes in the Strait of Hormuz and rising oil prices. Analysts argue that a limited appetite for full‑scale escalation caps downside risk. Bulls aim for a rebound toward $82,000, but bears could target a breakdown below $78,000. Bitcoin dropped to around $79,200 in early trading on Friday as fresh military skirmishes in
Is Bitcoin’s drop to $79K a bear trap as Hormuz tensions escalate? Read More »
A Benin member of the military rides his motor bike near the Zogo Mosque in Cotonou, Benin, 17 February 2017 – Copyright © africanews Copyright 2017 The Associated Press. All rights reserved. Last updated: 15 minutes ago Benin Long lines are forming at fuel stations across Benin as motorists grapple with the impact of rising
Fuel price hike sparks concern across Benin Read More »
An oil tanker anchors near the oil hub of the port of Fos-Lavera at sunset near Marseille, southern France, April 14, 2026. — Reuters Oil rises as US-Iran fighting resumes. Brent climbs above $101 after overnight flare-up. Fresh fighting snaps three-day oil price slide. Oil prices were up more than 1% on Friday after renewed
Oil prices jump on renewed US-Iran hostilities Read More »
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Oil prices jump nearly 3% after renewed hostilities between US, Iran Read More »
