Dangote refinery IPO: Retail investors buy in, but is it overpriced?
Nigerian billionaire Aliko Dangote launched Africa's biggest-ever share sale on Monday, opening the oil ref...
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 30th of April, covering the latest developments you need to know.
A senior adviser to Iran's Supreme Leader has warned that the ongoing U.S. naval blockade of Iranian ports will fail, asserting that Tehran possesses the means to bypass the restrictions and is prepared for direct confrontation if American pressure persists. The stark warning comes as a fragile, extended ceasefire remains in place following weeks of deadly fighting across the region. With the vital Strait of Hormuz still effectively closed, the standoff over the blockade continues to stall diplomatic negotiations, keeping global energy markets on edge.
U.S. President Donald Trump has met with oil executives to discuss strategies for mitigating the impact of a potential months-long naval blockade of Iranian ports. With diplomatic efforts to resolve the conflict deadlocked and global oil prices spiking more than 6%, Washington is urging international allies to join a new naval coalition, dubbed the "Maritime Freedom Construct," to force the reopening of the Strait of Hormuz. Meanwhile, Tehran warned of "unprecedented military action" if the blockade continues, rejecting U.S. demands to abandon its uranium enrichment programme.
A senior Pentagon official has confirmed that the ongoing U.S. military campaign in Iran has cost American taxpayers $25 billion so far. Delivering the first official estimate of the conflict's financial toll to lawmakers, the official noted that the vast majority of the expenditure has been allocated to munitions. The revelation comes just hours after President Donald Trump publicly claimed that the United States had successfully "militarily defeated" Tehran.
European airlines are facing their most severe crisis since the COVID-19 pandemic as the ongoing Iran war drives jet fuel prices up by nearly 84%, threatening the peak summer holiday season. Willie Walsh, Head of the International Air Transport Association, warned of potential fuel rationing across Europe and Asia, whilst airlines report a sharp decline in bookings as passengers fear severe disruption and exorbitant fares. The crisis has hit Gulf carriers particularly hard, with connecting flights through Middle Eastern hubs down more than 40%, exacerbating the divide between weaker and stronger players in the global aviation sector.
Britain's King Charles and Queen Camilla have concluded their historic state visit to the U.S. by commemorating the victims of the 11 September 2001 terrorist attacks at the World Trade Centre memorial in New York City. Accompanied by former mayor Michael Bloomberg, the King laid a bouquet of white spring flowers upon the bronze parapet before meeting with victims' families and New York City Mayor Zohran Mamdani.
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
U.S. Central Command said 101 commercial vessels have been redirected in the Strait of Hormuz, while oil prices rose more than three per cent amid fresh regional attacks and supply concerns.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
A Russian strike on a farm warehouse in Pryluky, north-central Ukraine, has killed at least three people, local police said. Meanwhile, EU foreign policy chief Kaja Kallas said an attack on a train near the Polish border was an attempt to intimidate Ukraine's allies.
A drone hit a petrol station in Ukraine's capital of Kyiv early on Tuesday, Mayor Vitali Klitschko said on the Telegram messaging app, adding that there was also a strike on warehouse facilities in another part of the city.
Every day since a torrent of mud and rocks destroyed a Nepal-China border crossing high up in the Himalayas last month, Arushi Gupta's parents have called and messaged their missing daughter hoping she somehow survived.
Foreign ministers of Cambodia and Thailand delivered opening statements on Tuesday at the first meeting of a UN arbitration process to resolve a long-running maritime dispute between the two Southeast Asian neighbours.
A federal judge has halted a Trump administration immigration policy that would have significantly changed how long foreign students, exchange visitors and international journalists can remain in the United States.
Danish Prime Minister Mette Frederiksen has expressed cautious optimism about ongoing discussions with the United States regarding Greenland, signalling that Copenhagen believes a cooperative solution can be reached despite years of political tensions surrounding the strategic Arctic territory.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment