Strait of Hormuz Africa oil
Every story we have published on Strait of Hormuz Africa oil.
Hormuz closure sends buyers to West Africa
The near-total closure of the Strait of Hormuz is redirecting global crude buyers toward West Africa and Latin America, creating a demand surge for Nigerian, Angolan and Congolese barrels. Brent crude sits above $109…
Hormuz blockade sends crude past $100 again
The US Navy blockade of the Strait of Hormuz sent Brent crude above $102 on Monday after US-Iran talks collapsed. South Africa, Kenya, Egypt, and…
Rwanda fuel demand spikes 40% on war stockpiling
Rwanda’s fuel demand surged nearly 40% in April as Strait of Hormuz fears triggered stockpiling across East Africa, exposing the fragility of…
Middle East war sends crude buyers rushing to Africa
The Strait of Hormuz closure is driving global buyers toward Nigerian and Angolan crude as Brent tops $100, but Nigeria’s $30m/day production…