Analysts warn of oil prices spiking to $80 or more if Iran retaliates harshly or blocks the Strait of Hormuz following Israeli strikes on its military infrastructure. Iran has already responded with drone strikes, escalating fears of broader conflict and impacting oil market forecasts. While tensions are high, many analysts believe a full-scale war is…
Iran Says, Israel has Sealed Bitter Destiny By Abiola Olawale Israel’s airstrikes on Iran’s nuclear facilities on June 13, 2025, have ignited a firestorm of reactions from global powerhouses and leaders. United Nations Secretary-General António Guterres and United States Secretary of State Marco Rubio are among the first leaders to react to the airstrikes that…
By Abiola Olawale The lone survivor of the catastrophic Air India plane crash in Ahmedabad, India, identified as Vishwash Kumar Ramesh has finally broken his silence from the hospital where he is receiving medical care. Ramesh, a 40-year-old passenger seated on 11A, is the only survivor of a disaster that shattered families and stunned the…
By Kolawole Ojebisi The Nigerian National Petroleum Company Ltd(NNPCL) has released a summary of its monthly Performance report for the month of April, 2025. This development is coming barely two months after Bayo Ojulari tool over the leadership position of the NNPCL as the firm's Group Chief Executive Officer(GCEO). The company, in its report, claimed…
By Abiola Olawale Indian Prime Minister Narendra Modi and United Kingdom (UK) Prime Minister Keir Starmer, among other global leaders, have mourned the death of over 226 individuals after an Air India 787 Dreamliner, Flight AI171, bound for London Gatwick, crashed on Thursday. The catastrophic incident, one of the deadliest in India’s aviation history, has…
By Kolawole Ojebisi The lawmaker representing Bayelsa West, Senator Seriake Dickson, has criticised President Bola Tinubu for his silence over what he described as a "constitutional aberration" unfolding in Rivers State in his Democracy Day speech Dickson accused the Tinubu administration of enabling a creeping “military-style suppression of democracy.” for failing to address the emergency…
There is speculation of right rudder input, which could indicate a left engine failure A plausible scenario is that the landing gear became stuck Early analysis of flight visuals from the ill-fated Air India AI171, which crashed shortly after takeoff from Ahmedabad, has raised serious questions about the aircraft’s configuration and possible technical malfunctions during…
Crude oil prices dropped back slightly on Thursday, after jumping by 4% on Wednesday to hit the highest in two months on the news that the U.S. was pulling out its staff from the embassy in Baghdad. The drop was driven by profit-taking, but bullish sentiment remains. At the time of writing, Brent crude was…
By Abiola Olawale In a dramatic twist of fate, an individual has survived the catastrophic Air India flight that crashed shortly after takeoff from Ahmedabad, India. The Boeing 787 Dreamliner, en route to London with 242 individuals on board, plunged into a residential area, igniting a blaze that initially led authorities to believe there were…