Dangote Refinery halts petrol loading on Iran war
Higher crude oil prices could greatly benefit Nigeria and other African oil producers.
Higher crude oil prices could greatly benefit Nigeria and other African oil producers.
She said she wants to quit music in order to act more, but she'll need to stick with both if she wants to EGOT.
The appointment of Mojtaba Khamenei signals that hardliners remain in charge in Tehran, analysts said.
Even GOP Senator Lindsey Graham—one of the most hawkish, warmongering politicians in this country—has come out against Israel’s recent attacks on Iran, specifically the fuel-supply bombings in Tehran that caused black oil to rain from the sky on Sunday morning. JUST IN: Scenes in Tehran after the US bombed an Iranian oil depot.Oil price is about to go further up ⬆️ pic.twitter.com/zMeRt5ICyA— Ainà Dipo 🇳🇬 (@dipoaina1) March 7, 2026“Our allies in Israel have shown amazing capability when it comes to collapsing the murderous regime in Iran. America is most appreciative. However, there will be a day soon that the Iranian people will be in charge of their own fate, not the murderous ayatollah’s regime,” Graham wrote Sunday on X. “In that regard, please be cautious about what targets you select. Our goal is to liberate the Iranian people in a fashion that does not cripple their chance to start a new and better life when this regime collapses. The oil economy of Iran will be essential to that endeavor.”Israel struck at least three oil depots in the Kuhak and Shahran areas of Tehran on Saturday night, releasing “significant quantities of toxic hydrocarbon compounds, sulfur, and nitrogen oxides” into the air and putting thousands of Iranians at risk of skin burns and lung damage.The goal of “liberation” that Graham mentions is hard to take seriously as the U.S. and Israel bomb elementary schools. But their concern for oil—especially as costs skyrocket worldwide—is very serious. Graham wasn’t the only U.S. insider more bothered by the oil attack than the more than 1,300 Iranian casualties. “We don’t think it was a good idea,” an anonymous senior U.S. official told Axios. And according to an Israeli official, the U.S. response to their attack was “WTF.” A White House adviser told Axios that “the president doesn’t like the attack. He wants to save the oil. He doesn’t want to burn it. And it reminds people of higher gas prices.”
The DOJ argued Live Nation was a monopoly controlling the concert industry, needing to be broken up. Instead, the billionaires win again.
The American and Israeli war on Iran is causing oil prices to skyrocket, fueling alarm around the world. Finance ministers from the Group of Seven, a collection of the world’s seven wealthiest nations, plan to meet on Monday to discuss a possible joint release of their emergency oil reserves in an effort to lower prices, Reuters reports. South Korea also plans to cap fuel prices for the first time in close to 30 years. At an emergency meeting, South Korean President Lee Jae Myung called the war “a significant burden on our economy, which is highly dependent on global trade and energy imports from the Middle East.” Japan, which imports close to 95 percent of its oil from the Middle East, is reportedly preparing to release oil from its reserves, although no decision has been made yet. Vietnam has removed its import tariffs on fuel, while Bangladesh has shut down its universities to conserve energy. Last week, China asked its refiners to suspend fuel exports and cancel any existing oil shipments. In the Middle East itself, Iraq cut production in its oil fields by 70 percent, while Qatar, the world’s second-leading liquefied natural gas producer, has halted natural gas exports. Kuwait Petroleum Corp cut oil output on Saturday and declared force majeure, meaning that it can’t fulfill its contractual obligations. Bahrain’s state-owned Bapco Energies also declared force majeure on Monday after its refiners were attacked. Trump is trying to deflect concern about the oil price surge, posting on Truth Social Sunday night, “Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace. ONLY FOOLS WOULD THINK DIFFERENTLY!” But that’s of little comfort to the rest of the world. Oil prices have shot up to over $110 a barrel, the highest levels since the pandemic. With no plan in place for the war’s aftermath and no end in sight, it doesn’t look like things will get better anytime soon.
U.S. military commanders have reportedly been invoking extremist Christian rhetoric to push war on Iran, selling the conflict to American troops as an existential “holy war” in apocalyptic language that experts fear could exacerbate the violence and death toll of military operations. Mikey Weinstein, founder and president of the Military Religious Freedom Foundation, attributes the rise in extremism at the Pentagon to U.S. Secretary of Defense Pete Hegseth, who “has created a template that the only approved member of the U.S. military is to be straight, Christian, nationalist and male.” Weinstein warns that “whenever you attach an extremist aspect of any religious faith to that machinery responsible for war … we end up with one thing: oceans and oceans of blood.”
The essays have provided an alternative to the Schadenfreude that has tinged some international coverage of wartime Dubai.