₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,317 members, 8,421,340 topics. Date: Saturday, 06 June 2026 at 09:47 AM

Toggle theme

Malali's Posts

Nairaland ForumMalali's ProfileMalali's Posts

1 2 3 4 5 6 7 8 ... 109 110 111 112 113 114 115 116 117 (of 191 pages)

Foreign AffairsRe: Libyan Football Federation President Resigns by malali: 9:54pm On Oct 14, 2024
Nigerian officials would blunder and no one would resigned or be sacked.

Paris Olympics- No one resigned or was sacked.

Libyan protocol breach- No investigation, no one will resign and no one will be sacked.

How do we ever move ahead if accountability is not prioritized ?
Foreign AffairsRe: Hezbollah Inflicted Maximum Damage - It's Deeply Worrying For Israel. by malali(op): 12:42pm On Oct 14, 2024
Karlman:
It's your cry, cry your cry!
It’s okay, though. You gave it your best shot. Sadly, it just happened to land with the same impact as a wet tissue paper thrown at a brick wall. Keep at it—maybe one day you’ll manage a comeback that doesn’t sound like a rejected nursery rhyme. Until then, take care, champ.
Foreign AffairsRe: Hezbollah Inflicted Maximum Damage - It's Deeply Worrying For Israel. by malali(op): 12:32pm On Oct 14, 2024
Karlman:
It is what it is, and I said what I said.
You can go ahead and support a stupid comment because you are stupid yourself, it's understandable, as oafs of a feather.
Next time, you might want to engage with logic instead of embarrassing yourself by proving the very stupidity you accuse others of. But hey, I get it—thinking critically might be a bit too advanced for you.
SportsA National Embarrassment – Why Were The Super Eagles Left Stranded For 16 Hours? by malali(op): 11:09am On Oct 14, 2024
In a disgraceful display of poor leadership and administrative incompetence, Nigeria’s Super Eagles were reportedly stranded at an airport in Libya for 16 hours. To make matters worse, this ordeal took place just three hours away from the airport where they were originally scheduled to stay. Throughout the entire debacle, there was deafening silence from the Nigerian government—no statement from the Minister of Foreign Affairs, no involvement from the Minister of Sports, and no protocol officer stepping in to resolve the crisis.

Where was the urgency? Why did it take 16 hours for anyone in government to act? Why wasn’t a plane dispatched immediately to bring them back? It’s one thing for a travel mishap to occur, but the absence of any real-time intervention reeks of neglect. If a sports team representing the nation can be treated with such indifference, what hope is there for ordinary citizens?

This incident raises troubling questions about the government’s priorities and capacity. How hard would it have been to make a phone call? Someone from Nigeria should have been on the phone with Libyan authorities, the airport, and the team’s hotel within minutes of the situation unfolding. Yet, 16 hours passed with the players left to fend for themselves—players who were supposed to be representing the pride of a nation were now sitting on airport floors like stranded travelers without a home.

This public relations disaster also evokes memories of the Paris Olympics fiasco, when Nigerians demanded accountability for administrative blunders, but nothing came of it. Despite calls for resignations and reforms, the same incompetence continues to plague our sports management. Why are officials who clearly lack the necessary experience and expertise still in charge of such critical roles? We cannot attribute this to the removal of oil or forex subsidies—this is purely a failure of leadership and responsibility.

The Super Eagles’ ordeal is not just about sports. It’s about the image and dignity of Nigeria. This incident highlights a chronic pattern of disregard for excellence and professionalism, with political jobbers occupying roles they are unfit for. When government officials fail to understand or fulfill their duties, even in basic situations like coordinating travel, it reflects a deeper dysfunction in our national leadership.

Nigeria deserves better. Our players deserve better. This latest embarrassment is a reminder that leadership is about more than sitting in office—it is about showing up when it matters most. And once again, our leaders have shown that they are missing in action.

Foreign AffairsRe: Hezbollah Inflicted Maximum Damage - It's Deeply Worrying For Israel. by malali(op): 8:07am On Oct 14, 2024
sreamsense:
Islamic Propagandas just like deceiving themselves. They will magnify simple issue beyond proportion. You are comparing Isreal tht has killed close to three thousands of Hezbollah fighters with Hezbollah that just lucky to use drone to attack IDF where four died during treatment.

Now when IDF begin to use their drone interceptor, they get mad again at Hezbollah to ensure they finish the remaining job of eradicating Hezbollah. Don't be surprised if IDF tracks building or location where Hezbollah sent drones from and bomb them all. This is how you are pushing Iran to destruction by over blowing it's trumphet. By the time IDF descends on it now, you begin to call "UNN"!
Killing thousands of women and kids in diapers ?
Foreign AffairsRe: Hezbollah Inflicted Maximum Damage - It's Deeply Worrying For Israel. by malali(op):
Karlman:
A very stupid thing to say! At what point have Israel ever been the aggressor?
He said his opinion, why the personal attack ?
Low IQ folks turn different opinions to insults and personal attacks.
Foreign AffairsHezbollah Inflicted Maximum Damage - It's Deeply Worrying For Israel. by malali(op): 7:20am On Oct 14, 2024
The soldiers had been sitting down for their evening meal when the drone struck a military base in the northern town of Binyamina.. The videos they took in the aftermath show scenes of bloodshed and chaos as they race to help the injured.
There were so many hurt they were sent to eight hospitals. At least 60 soldiers injured, several seriously, and four killed.Somehow Hezbollah's drone penetrated Israel's defenses without warning and hit the building when it would have been at its busiest. That will be deeply worrying for Israelis.
Either it was extraordinary luck, or Hezbollah knew when and where to hit to cause maximum damage.
Somehow Hezbollah's drone penetrated Israel's defenses without warning and hit the building when it would have been at its busiest. That will be deeply worrying for Israelis.
Either it was extraordinary luck, or Hezbollah knew when and where to hit to cause maximum damage.

Inside the 'most bombed' Israeli town that overlooks the invasion of Lebanon
The challenges facing Israel as it battles conflict on seven fronts
On the ground in Beirut - a 'city under siege': The sound of the bombings is terrifying and there is no end in sight
The first government minister to react to the attack, health minister Uriel Buso, spoke to Sky News at the hospital where most of the injured had been taken.
"Like all events we still study this event," he said.
"But I don't think there is a country that has a better defense against drones than Israel - still we get surprised sometimes and we're not perfect."
That is unlikely to reassure Israelis.
The news that the soldiers were not safe as they sat to eat many miles from the front will be deeply alarming in a country where most families send their children off to national service.

Efrat Cohen is a health volunteer and mother. We spoke to her at the same hospital where she was bringing food and supplies for the injured soldiers and their families.
"First of all as a human being and as a mother, it was difficult for me to hear (about the attack) like (it was for) all the people in Israel.
"Even if I was not a mother, it's difficult for us, especially for me because I have children of service age, it's not simple, we feel very bad."
The Israeli military launched its invasion of Lebanon in an effort to make the north of Israel safer. Instead their enemy has found a way of threatening and killing them even deeper into Israel.
This is a major security failure and a sign of the enemy raising its game.After a fortnight on the front foot, Israel is reeling from a surprise counterattack striking at the very heart of its military.

Dominic Waghorn
International affairs editor @DominicWaghorn
Skynews.

PoliticsRe: Tinubu: ‘T-Pain’ Popularized By Dan Bello - Nigerians React (Video) by malali:
Asiwaju Torture and Pain GCFR.

T-Pain

Commander in Pain, Federal republic of Nigeria.

Always in France on "dialysis-vacation"

Inflicting pain on Nigerians one fiscal policy at a time.


With 46 "quota" ministers most of which are completely clueless about their portfolios.

After making all the opposition hungry destitutes, only the financially strong people can speak up against his backwards policies. The rest are in severe hunger and are worried about what to eat. Silencing the opposition by starvation,torture and Pain
PoliticsInflation In Nigeria - A Nation In Crisis Without Rockets Or Bombs by malali(op): 10:55am On Oct 13, 2024
Nigeria is not officially at war, yet its citizens endure economic hardships comparable to conflict zones. As we analyze the current situation, comparisons with Israel, Lebanon, Iran, and Syria—countries with ongoing wars or geopolitical tensions—reveal an alarming truth: these nations, despite their crises, maintain relatively stable inflation and fuel prices.

In Nigeria, inflation reached 34.19% in June 2024 a sharp increase from the previous year’s 22.79% . Food inflation continues to soar at nearly 41% year-on-year, burdening everyday Nigerians. Meanwhile, petrol prices in Nigeria have skyrocketed following subsidy removal, reaching as high as N1350 per liter, far exceeding regional norms  . For comparison, countries like Lebanon or Iran, although economically strained, still offer more affordable fuel relative to average income. This disconnect raises an uncomfortable question: why is a country at peace enduring economic conditions worse than nations under bombardment?

Nigeria’s inflation is fueled by several factors: weak governance, poor financial policies, and the removal of subsidies without clear transition plans. The government’s reforms—such as foreign exchange rate unification—might appear necessary but are poorly implemented, leaving Nigerians more vulnerable. The naira’s freefall and poor policy decisions have contributed to an economy that mimics wartime chaos, even in the absence of bombs or rockets.

Leadership Vacuum and Lack of Vision


A significant part of the crisis lies in the absence of visionary leadership. Politicians frequently offer flimsy excuses, failing to tackle the root causes of inflation and economic instability. Imagine a Nigeria with no political office holders—could the situation be worse? Many Nigerians might argue that the absence of leadership would still be preferable to the reckless decisions that have driven the economy into deeper hardship.

In conflict zones like Israel and Syria, governance structures—despite their flaws—manage to stabilize key sectors such as fuel and food. By contrast, Nigerian leaders, in a bid to adopt economic reforms, have inadvertently imposed untold suffering on citizens without a safety net.

The situation in Nigeria resembles a nation at war—not with external enemies but with itself. As citizens grapple with daily survival, the political elite continues to mismanage the economy. Until a leader emerges who understands governance beyond rhetoric, Nigerians will remain trapped in this economic nightmare. The irony is hard to miss: the absence of active war has not saved Nigerians from wartime-level suffering.
PoliticsRe: Lets pray for Tinubu.....Yaradua 2.0 Loading. by malali(op): 1:04am On Oct 12, 2024
phantom:
Are we really sure it's Tinubu? The build of the man in the first picture appears thicker.. he also appears to sport a beard and moustache even though there appears to be a deliberate attempt to hide his face.

Are you sure Tinubu isn't bed ridden at this very minute? 🤔
You are right, the person in the 2 pictures is carrying a white mustache.If you zoom in.

PoliticsLets pray for Tinubu.....Yaradua 2.0 Loading. by malali(op):
Look at these pictures very well.

1-Do you think the pictures were taken with a Nokia 3310.

2-Or there was a conscious effort to hide the face of the president.

3-Is that Even the president.

4-Is it a recent picture.

PoliticsRe: Tinubu’s UK Trip Is To Avoid Political Interference In Cabinet Reshuffle — Okupe by malali: 7:53am On Oct 11, 2024
Baba Rest.....Tinubu is going for health reasons.
He looks like he is on dialysis.

Very shameful of you as a physician and your status to be lying to the Nigerian public.
PoliticsT-pain’s Reign Of Unrelenting Pain: A Nation Drowning In Hardship by malali(op): 10:08pm On Oct 10, 2024
Nigerians are no strangers to hardship, but under the administration of T-Pain, the suffering has reached unprecedented levels. Day after day, policy after policy has brought nothing but more pain, severe pain, to the common Nigerian. His leadership, supposedly heralded as a “renewed hope,” has done anything but offer relief.

Fuel prices rise by the hour
, leaving even the most basic transportation unaffordable for many. Interest rates skyrocket by the day, making borrowing a luxury only the rich can afford. And as for forex? It spirals out of control by the minute, making the cost of everything from food to medicine unbearable. The common man is left in a constant state of fear, bracing for the next wave of inflation that will surely decimate what little purchasing power they have left.

What has T-Pain done to alleviate this suffering? Instead of tangible solutions, his administration has resorted to handing out palliatives—temporary band-aids on the gaping wounds of the economy. Nigerians, once known for their resilience, are now being forcefully turned into beggars, reliant on the crumbs of government handouts. It’s a cruel and unsustainable approach, as these so-called “palliatives” are nothing but short-lived attempts to pacify a suffering population.

Where is the plan? Where is the vision? Instead of implementing policies that drive real economic growth and bring relief, T-Pain seems more interested in nurturing a society of destitute citizens, wholly dependent on the government. This is not governance; this is a recipe for disaster, forcing millions into deeper poverty while pretending to care for their plight.

The harsh truth is clear: T-Pain’s administration is a disaster for Nigerians. The policies are nothing but a constant reminder that the pain will not end soon. How long will Nigerians be forced to endure? How long before this government realizes that palliatives are no replacement for real, tangible change?

PoliticsRe: Tinubu Appoints Alfred Abah As SSA On Civil Service Matters by malali: 1:32pm On Oct 10, 2024
Suck it up , Says FG.

Music/RadioRe: Ayra Starr, Tyla Bag 4 MTV Ema 2024 Nominations (Full List) by malali: 1:31pm On Oct 10, 2024
T-pain featuring ?

PoliticsT-pain Once Said. by malali(op):
T-Pain, a prominent Nigerian city-boy politician, has made numerous statements throughout his political career, some of which have sparked discussions regarding their fulfillment. Here are 20 quotes attributed to T-Pain, some of which were made in Yoruba, and are often brought up in public discourse in relation to expectations not yet fulfilled:

1. “Emi lokan”
Meaning: “It’s my turn” – This phrase gained traction during his 2023 presidential campaign, promising that his time to lead had come and would bring significant change, yet many believe the expected transformations are still pending.
2. “Eyin le wa niyen”
Meaning: “You are the ones we have been waiting for” – This was a promise of empowerment to the youth, yet critics argue that youth unemployment and opportunities remain major issues.
3. “I will turn Lagos into a 21st-century economy for all Nigerians.”
While Lagos has seen development, critics believe there is more to be done in areas such as infrastructure, housing, and poverty alleviation.
4. “Awon ti mo ko ti ya mi l’ojiji”
Meaning: “Those I trained have betrayed me” – This is often referenced when talking about political betrayals and unfulfilled alliances, suggesting promises to followers may not have been kept.
5. “I will transform Nigeria like I did Lagos.”
This is a frequent assertion by T-Pain, yet many are still waiting for nationwide results that match his claims of transforming Lagos.
6. “I will create jobs for every Nigerian youth.”
Despite efforts, unemployment remains high in Nigeria, particularly among the youth.
7. “I will make fuel subsidy removal painless.”
The removal of the fuel subsidy in Nigeria led to significant economic hardships, and critics argue that the promise of painless reforms has not been met.
8. “Mo ti yo ’lekun mo awon ota wa.”
Meaning: “I have closed the door on our enemies” – A metaphor often used to promise the protection of Lagos and the South West from adversaries, yet issues like security challenges remain.
9. “We will give power back to the people.”
Many critics argue that governance still feels centralized and far removed from the everyday Nigerian citizen.
10. “Nigeria will become the industrial hub of Africa.”
This bold vision has yet to materialize as Nigeria faces ongoing infrastructural and economic challenges.
11. “A ni lati gbe awon omo wa s’oke, ki a fun won ni ise.”
Meaning: “We must raise our children and give them jobs” – This commitment to youth employment is still seen as largely unmet by many.
12. “Our education system will rival the best in the world.”
Nigeria’s educational system continues to face issues like strikes, underfunding, and poor infrastructure, contrary to this vision.
13. “I will stabilize the naira and stop inflation.”
The naira has continued to depreciate, and inflation remains a major challenge for the Nigerian economy.
14. “Security will be my top priority.”
Despite some improvements, Nigeria still faces significant security challenges, particularly with insurgencies, banditry, and kidnapping.
15. “We will eliminate corruption from the system.”
Corruption remains a persistent problem in Nigerian politics and governance.
16. “We will have 24/7 electricity supply.”
Despite efforts, Nigeria’s power supply remains inconsistent, with frequent outages still common.
17. “I will bring an end to banditry and terrorism.”
Though there have been efforts, banditry and terrorism continue to plague parts of Nigeria, particularly in the North.
18. “We will make healthcare affordable and accessible for all Nigerians.”
The healthcare system in Nigeria continues to be underfunded, with many Nigerians unable to access affordable healthcare services.
19. “Nigeria will achieve food security.”
Despite policies aimed at agriculture, food security remains an issue, with food inflation rising significantly in recent years.
20. “I will not disappoint you.”
This general promise has been made on several occasions, yet many Nigerians feel that they are still waiting for the fulfillment of numerous commitments.

These quotes reflect aspirations and campaign promises made by T-Pain over the years. Some of them are seen as yet unfulfilled, contributing to ongoing public debates about his leadership and political legacy.

PoliticsRe: Hardwork Does Not Pay In Nigeria by malali: 8:10am On Oct 07, 2024
Not only Nigeria.
You have to be smart anywhere you work.

If not you will be used as fodder for capitalism as most of the JAPA people.
PoliticsRe: Caption this photo of Wike and SIM Fubara by malali:
If you want to catch a "wike" big monkey, you have to "sim" like a stupid smaller monkey that doesn't know the value of his bananas
PoliticsRe: State Governors Spent ₦‎69.71 Billion On Travels, Attract Zero Investments by malali: 8:32am On Oct 06, 2024
Eventually Tinubu will give all of them National honors.

GCON.
Foreign AffairsRe: Tensions Surge: Biden Treads Lightly As Deadly Drone Strikes Hit Israel by malali(op): 12:32pm On Oct 05, 2024
Foreign AffairsTensions Surge: Biden Treads Lightly As Deadly Drone Strikes Hit Israel by malali(op): 12:32pm On Oct 05, 2024
President Biden, during a rare White House press briefing, suggested that Israel should consider alternatives to striking Iran’s oil and gas facilities in response to Iran’s recent ballistic missile attack on Israel. He emphasized that Israel has not yet decided on its course of action and noted the importance of avoiding civilian casualties.

Biden stated, “The Israelis have every right to respond to the vicious attacks on them… but they have to be much more careful about dealing with civilian casualties.” He indicated that discussions with Israeli Prime Minister Netanyahu would take place once Israel determines its response.

In a significant escalation, a drone attack from Iraq, attributed to pro-Iran paramilitary groups, struck an Israeli base in the northern Golan Heights, resulting in two Israeli soldiers’ deaths and 24 injuries. The attackers warned of continued operations against Israel.

As tensions rise, Israel is expected to consider retaliatory actions against Iranian-backed militia positions in Iraq. Concurrently, US and British jets reportedly conducted air raids on Houthi positions in Yemen, signaling broader regional conflicts.


https://www.youtube.com/watch?v=AvgV7Muje0Y

Foreign AffairsRe: Developing : The IDF Is Preparing For The Retaliation Strike In Iran. by malali: 11:51am On Oct 05, 2024
Oct 7th

In the early hours of the morning.
PoliticsRe: Pastor Adeboye Apologizes For Saying Those Who Don't Pay Tithe Won't Make Heaven by malali: 1:08pm On Oct 04, 2024
Ttalk:
How will you feel if someone call your father shameless?

Did any Pastor forced you to practice his religion.
If my father acts shamelessly , i will be the first to call him out.
We correct ourselves in our family.
There is no God-complex, like you have in your family.
PoliticsRe: Pastor Adeboye Apologizes For Saying Those Who Don't Pay Tithe Won't Make Heaven by malali: 1:06pm On Oct 04, 2024
sreamsense:
It is only the Holy Spirit that can bring a leader at that level to humble himself and apologize. You are not holier than him, you are even worse with this your message. If only Islamic leaders and Alfas can learn this simple humility among themselves, their infighting will reduce to nearest minimum. However, it takes Holy Spirit to convict one of his/her sins and makes one humble to apologize. God bless the man of God.
Lets call it what it is.
If he could have said that, why cant i also say my own ?
I have said it. I included everybody to rid you of your bigoted stance....lol
Most of the pastors,alfas,traditional worshipers are con men in Nigeria
BusinessRe: Goldman Sachs Sees $20 Upside To Oil Prices On Iran Supply Shock by malali(op): 12:57pm On Oct 04, 2024
CodeTemplarr:
...and loot into private pockets that are backed by secure bank accounts in the West.
lol
PoliticsRe: Pastor Adeboye Apologizes For Saying Those Who Don't Pay Tithe Won't Make Heaven by malali: 12:56pm On Oct 04, 2024
Ttalk:
If you have and cherished your parent you won't call someone s father shameless
I wont engage you. I am not your problem
You worship mortal men.
Nigeria has a lot of shameless old men
You have been trained and manipulated to tolerate all they do to you.
Thats why despite having a vibrant, more intelligent population of young folks....you continue to allow shameless con men rule the country.
PoliticsRe: Pastor Adeboye Apologizes For Saying Those Who Don't Pay Tithe Won't Make Heaven by malali: 12:42pm On Oct 04, 2024
Shameless pastopreneurs.

EFCC should also charge these con men as well.

Not only yahoo boys.

Yahoo pastors should also be litigated.

Whats good for the goose is good for the Gander.
BusinessIran’s Oil Tankers Flee Biggest Export Terminal Fearing Israeli Attack by malali(op): 12:34pm On Oct 04, 2024
Iranian oil tankers have moved away from Kharg Island, Iran’s biggest oil export terminal, amid fears of an imminent Israeli attack on the most important crude export infrastructure in Iran.

Satellite images and tanker tracking companies have detected the major exodus of Iranian tankers away from Kharg Island, which handles about 90% of Iran’s all oil exports, CNBC reports.

“The National Iranian Tanker Company (NITC) appears to be fearing an imminent attack by Israel,” TankerTrackers.com posted on social media platform X late on Thursday.

“Their empty VLCC supertankers vacated the country's largest oil terminal, Kharg Island, yesterday,” TankerTrackers.com said.

The vessel-tracking service noted that “crude oil loadings continue, but all of the extra vacant shipping capacity has been removed from the anchorage of Kharg Island.”

“This is the first time we see anything like this since the 2018 sanctions round,” TankerTrackers.com said.

Satellite imagery captured two weeks ago by the European Space Agency’s Copernicus Sentinel-1 mission showed a number of very large crude carriers in the waters around Kharg Island, CNBC says.

But satellite images of the same area from October 3 showed that no tankers can be seen around Iran’s most important oil export terminal, according to CNBC.

The removal of vacant shipping capacity from Kharg Island suggests that Iran could be bracing for an Israeli attack on its oil infrastructure.

The oil market is also awaiting the Israeli response to the Iranian missile attack on Israel earlier this week. Oil prices were up by 1.5% early on Friday and on track for a strong weekly gain amid reignited tensions in the Middle East.

Most analysts say that the OPEC spare capacity, concentrated in Saudi Arabia and the UAE, would be enough to compensate for an Iranian loss of supply.

An even more significant disruption to supply from the Middle East could lead to triple-digit oil prices. But analysts currently believe attacks on oil infrastructure in other producers in the region or the closure of the Strait of Hormuz are low-probability events.

BusinessRe: Goldman Sachs Sees $20 Upside To Oil Prices On Iran Supply Shock by malali(op): 12:30pm On Oct 04, 2024
Lets make some ritualist money $$$$$$$$.
BusinessGoldman Sachs Sees $20 Upside To Oil Prices On Iran Supply Shock by malali(op): 12:12pm On Oct 04, 2024
Goldman Sachs predicts a $20 per barrel oil price increase if Iran's oil supply drops due to conflict.

OPEC+ spare capacity could offset some of the supply loss, potentially limiting the price rise.

A more significant disruption in the Middle East could lead to much higher oil prices.
oil prices


International crude oil prices could surge by $20 per barrel if Iran’s oil supply drops in a possible escalation of the Middle East conflict, Goldman Sachs says.

“If you were to see a sustained 1 million barrels per day drop in Iranian production, then you would see a peak boost to oil prices next year of around $20 per barrel,” Daan Struyven, co-head of global commodities research at Goldman Sachs, told CNBC’s “Squawk Box Asia” on Friday.

However, this projection is based on the assumption that the OPEC+ group would not respond to a potential disruption to supply from Iran by boosting production, Goldman’s Struyven noted.

If major OPEC+ producers with enough spare production capacity, such as Saudi Arabia and the United Arab Emirates (UAE), increase output and offset some of the potential losses from Iran, oil prices could rise more modestly, and the impact could be slightly less than $10 barrel, Goldman’s analyst added.

Most analysts say that the OPEC spare capacity, concentrated in Saudi Arabia and the UAE, would be enough to compensate for an Iranian loss of supply.

“In theory, if we lost all Iranian production - which is not our base case - OPEC+ has enough spare capacity to make up for the shock,” Amrita Sen, co-founder of Energy Aspects, told Reuters this week.

According to analysts, Saudi Arabia could be able to increase its oil production by about 3 million bpd and the UAE by 1.4 million bpd.

Iran currently produces around 3.5 million bpd, of which an estimated 1 million bpd are exported, mostly in China, which hasn’t stopped buying Iranian oil after the U.S. re-imposed sanctions on Tehran’s oil industry.

An even more significant disruption to supply from the Middle East could lead to triple-digit oil prices. But analysts currently believe attacks on oil infrastructure in other producers in the region or the closure of the Strait of Hormuz are low-probability events.

Early on Friday in European trade, Brent and WTI prices were up by about 1% as the markets expected the Israeli response to Iran’s missile attack on Israel earlier this week. Oil prices were on track for a strong weekly gain amid the escalation of the conflict.


By Tsvetana Paraskova for Oilprice.com

PoliticsRe: Governor Ododo Vows To Sustain Clearance Operation To Defeat Criminals In Kogi by malali: 11:00am On Oct 03, 2024
Start with Yahya bello GCON.

1 2 3 4 5 6 7 8 ... 109 110 111 112 113 114 115 116 117 (of 191 pages)