Wednesday, August 19
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Topic: oil

A vessel at the Dangote refinery complex in Lagos, Nigeria
World
Wednesday, 8/19, 09:28 PM

How the Iran War Made Africa's Richest Man Even Richer

  • When war in the Middle East sent fuel prices soaring, Aliko Dangote's giant Lagos refinery was ready.
  • The crisis that squeezed households across Africa turned Nigeria into a fuel exporter for the first time and added billions to the fortune of the continent's richest man.
An oil and gas tanker (file image)
World 44 d

Tanker Struck Near the Strait of Hormuz, Testing a Fragile Iran Truce

  • A Qatari-owned gas tanker caught fire after being hit by a projectile in the Strait of Hormuz off Oman, its crew reported safe.
  • The United States and Britain blamed Iran, which did not confirm or deny responsibility, in an incident that strains a recent understanding meant to keep the world's most important oil chokepoint open.

In brief

In brief

oil — news and stories on this topic

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