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a vessel around the Strait of Hormuz….AFP

Global News Business /Economy

Global Oil Prices Plunge Nearly 5% as Trump Announces Fresh Iran Talks, Raising Hopes of Hormuz Reopening

admin Aug 3, 2026 0

Brent and U.S. crude prices slide sharply after Washington signals a diplomatic shift with Tehran, easing fears over disruptions to…

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The United States has imposed a 12.5% tariff on Nigerian imports under Section 301 of the Trade Act, citing Nigeria's failure to enforce bans on goods linked to forced labour. The decision could impact exports, trade relations and Nigeria's global competitiveness.

Global News

Trump Suspends Planned Military Strike, Announces Fresh Iran Talks as Global Markets React

admin Aug 3, 2026 0

US president says diplomacy has been given another chance after shelving what he described as a potentially unprecedented military assault,…

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