Tag: refinery
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Oil Prices Surge Amid Concerns Over Potential Israeli Strikes Against Iran
Oil prices have surged amid growing concerns over potential Israeli strikes against Iran. The rise in oil prices reflects heightened tensions in the Middle East, which investors fear could disrupt oil supplies. This situation underscores the fragile state of global energy markets and the geopolitical risks that can lead to volatility in oil prices. The…
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Nigeria’s Dangote Refinery Initiates Petrol Deliveries
Nigeria’s Dangote refinery, one of the world’s largest oil refineries, has officially commenced the distribution of petrol. This development is a significant milestone for Nigeria, a country that despite being Africa’s largest crude oil producer, has struggled with fuel shortages due to its reliance on imported petroleum products. The start of petrol deliveries from the…