Oil Prices Surge Above $100 Amid Global Crisis

Global oil prices have surged above $100 per barrel following the escalation of the Iran war. The rise comes after repeated attacks on oil facilities and shipping routes in the Middle East, particularly around the Strait of Hormuz. This region handles about 20% of the world’s oil supply, making any disruption extremely significant. 

Recent attacks on oil tankers and infrastructure have reduced supply and created panic in global markets. Analysts say prices could continue rising if the conflict worsens, with some predictions suggesting oil could exceed previous record highs. Governments are now scrambling to secure alternative energy sources and stabilize their economies. 

The impact is being felt worldwide, from rising fuel prices to increased transportation and food costs. Countries heavily dependent on imports are particularly vulnerable. Economists warn that sustained high oil prices could trigger inflation and possibly push some economies into recession. 

Comments

Post a Comment

Most popular posts on TVG ⏬

AFRICA FUTURE LEADERS CONTEST(AFLC) 2026.

Image
AFRICA FUTURE LEADERS CONTEST(AFLC)  2026 . 1. Contest Brief Africa continent has the best  brains and natural resources on earth but one problem yet unsolved has critically limited the worldviews of all its people and businesses. It is one singular problem that gives birth to nearly all humongous problems confronting African people and businesses.  This is the problem: poor leadership. The need for a new invention of an effective solutions to this agelong and highly repressive problem is what gives birth to Africa Future Leaders Contest(AFLC) 2026. 2. The Organiser   ABL INTERNATIONAL LIMITED is a Nigerian company whose services involve social media management and real estate activities. Our ultimate goal is: to raise 20million billionares by year 2050 and create excess jobs for all our youths. Our mission is: to support all persons and businesses at achieving their own set goals and dreams . ALFC 2026 is part of our strategies to raise  new crops of great ...
Read more>>

BREAKING: Anthony Joshua Involved In Road Crash In Nigeria. Two Lives Lost.

Image
  British Nigerian boxer and former heavyweight champion,  Anthony Joshua   was involved in a road accident on Monday 29th December along the Lagos-Ibadan expressway, Ogun State, Nigeria  Gbenga Omotosho, Lagos commissioner for information, said the crash occurred around the Shagamu interchange area of the highway. He added that the Lagos state government promptly deployed an ambulance to the scene. The Lexus SUV in which the British Nigerian boxer was said to have crashed into a stationary truck parked by the roadside. Two people driving with him in the car died on the spot according to eye witness. AJ was said to have survived with minor injuries.
Read more>>

‘Scandalous, Indefensible’ – ADC Knocks Tinubu Over $9 Million US Lobbying Deal

Image
The African Democratic Congress (ADC) has condemned the Bola Ahmed Tinubu-led Federal Government over reports that it approved a $9 million contract for lobbying services in the United States, describing the move as scandalous, indefensible and a reflection of misplaced priorities. In a statement issued on Tuesday and signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the opposition party said the Tinubu administration was more concerned with polishing its international image than addressing Nigeria’s worsening insecurity and economic hardship. The party said the expenditure was particularly troubling at a time when thousands of Nigerians have been killed by insecurity and millions are struggling to afford basic necessities. “The African Democratic Congress, ADC, condemns the Bola Ahmed Tinubu administration for deploying scarce public resources to launder its battered image abroad instead of addressing the deepening security and economic crises at home,” ...
Read more>>

How To Develop Your Children’s Music Talents Early!

Image
All children coming out of all pregnant women wombs are themselves pregnant and their own embryos are talents. Any parent who discovers this discovers gold! Great parents help their children give birth to their talents early and help them nurture the talents into success. One of such talents is music talents.  Children may be born with talents like singing, song writing, playing of instruments and the likes. Ninety nine percent of those talents are miscarriaged because many parents don't see their responsibilities to 'midwives' them. If you want your children to be outstanding in life, you must help them deliver and develop their talents. Below are guide steps to developing your children music talents; 1. Start Exposure Early Introduce your child to music from infancy through singing, clapping, and playing soft background music. Early exposure helps children develop rhythm, listening skills, and emotional connection to sound. 2. Observe Your Child’s Interest Pay close atten...
Read more>>

MEET A HOUSING AGENT THAT SOLD 21 HOUSES PER DAY THROUGH A WHOLE YEAR!

Image
His name is Ben Caballero  Who Is Ben Caballero? Ben Caballero is an American real estate agent, entrepreneur, and the founder & CEO of HomesUSA.com, Inc., a real estate brokerage and technology platform focused on new-home sales, especially for production builders in Texas markets like Dallas-Fort Worth, Houston, Austin, and San Antonio.  He became a Realtor at age 21 and previously spent nearly two decades as a homebuilder before focusing fully on real estate sales.  His business model is unique: he doesn’t work with individual buyers one-on-one in the traditional sense. Instead, he lists and sells new homes on behalf of 60+ homebuilder clients — effectively acting as the sole listing agent for large volumes of properties.  His Company: HomesUSA.com HomesUSA.com is the brokerage and tech platform Ben founded that focuses on:  Real-estate listing and sales for production builders SpecDeck technology – a proprietary MLS listing and management automation...
Read more>>

Kwankwaso Gives Fresh Conditions To Dump NNPP For APC

Image
Former Kano State Governor and National Leader of the New Nigeria Peoples Party (NNPP), Senator Rabiu Musa Kwankwaso, has said any consideration to join the All Progressives Congress (APC) must come with clear assurances on the future of the Kano State government and the welfare of his supporters. Reporting that Kwankwaso spoke on Wednesday at his Miller Road residence in Kano while addressing leaders and supporters from Rano and Dawakin Tofa Local Government Areas, as well as other members of the Kwankwasiyya Movement, who reaffirmed their loyalty to him and the party. “I didn’t say I won’t join APC, but we must first be clearly assured of the future of the Kano State government before we join the APC ,” Kwankwaso said. “What will be the fate of our lawmakers and other supporters before we agree to defect?” The former governor recalled past political experiences in which his faction contributed significantly to forming governments but was later sidelined. “In the past, we ...
Read more>>

Spring 2026 Style Alert: The Fashion & Beauty Trends About to Take Over.

Image
New seasonal trend reports reveal that Spring 2026 fashion trends are all about freshness, glow, and bold self-expression. From the runways at Milan Fashion Week to global street style, designers are embracing soft pastels, flowing silhouettes, relaxed tailoring, and statement accessories. Oversized sunglasses and structured bags remain key pieces, while lightweight fabrics and breathable textures dominate spring collections. The focus is on effortless elegance — outfits that feel polished but comfortable. Beauty trends are evolving alongside fashion. Expect radiant, dewy skin, glossy lips, soft blush tones, and minimal makeup looks. Hairstyles are leaning toward sleek low buns, braided styles, and modern bob cuts. Healthy hair and natural glow are central to the season’s aesthetic. Social media platforms are accelerating these trends, with influencers pairing coordinated outfits and beauty looks for a complete style statement.
Read more>>

2026 Mother’s Day: First Lady celebrates women’s resilience, courage

Image
First Lady, Sen. Oluremi Tinubu, has hailed the resilience, courage, sacrifice and achievements of women across the country and the globe. Mother’s Day is celebrated in March in honour of the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The first Lady, in a message to mark the day, on the 2026 Mother’s Day, describing mothers as the silent architects of the nation’s future and the enduring heartbeat of every home, she ended her message with “Happy Mother’s Day. “Today, I honour and celebrate every mother across Nigeria. Your love, care and sacrifices do not go unnoticed.” “Beyond the big sacrifices, it is the small, quiet moments that truly define a mother’s love. On this special day, we carry those moments in our hearts and say thank you for the warmth and love you selflessly give. “To all mothers who nurture, love and shape our families, you are the heroes of our nation,” Oluremi said. Oluremi furthe...
Read more>>

Nigerian President Tinubu Bola Ahmed Rumored Dead

Image
In a post made on instagram by online social media blogger Tunde Ednut on Saturday 17th January, the post was asking of the whereabout of the president of Nigeria Bola Ahmed Tinubu. Comment section was flooded with both negative and positive comments with most comments claiming that the president has since died in Paris following the prolonged disappearance of the President since December 28th 2025 Despite posting a congratulatory messages on his social media for the super eagles who secured 3rd position after defeating Egypt on Saturday 17th January 2025, Nigerians insists that his social media can be handled by whosoever is given access to that, citing that the President supposed to address the country as Nigeria has been in chaos. According to the 21-Day Rule in the Nigerian Constitution, Tinubu was mandated to hand over to Shettima within 21 days of travelling abroad. Since he travelled on the 28th of December, 2025, today, January 17th, 2026, would make it 21 days that...
Read more>>