
Nigerian Refinery Begins Fuel Exports in Africa • FRANCE 24 English
The headline of France 24’s Eye on Africa was Nigeria’s Dangote Mega‑Refinery stepping into export mode, dispatching 456,000 tonnes of refined petroleum to Cameroon, Togo, Tanzania, Ghana and the Ivory Coast. The move comes as the war in Iran and the broader Middle‑East turmoil choke traditional fuel corridors, prompting African nations to seek a more reliable regional source. Key data points underscore the refinery’s strategic weight: a 650,000‑barrel‑per‑day capacity, a shift from near‑total import reliance to domestic surplus, and a rapid rollout of five cargoes covering roughly 12 ships. Analysts cite the conflict‑driven price surge and the closure of the Strait of Hormuz as catalysts, while EU officials hint at future European jet‑fuel orders. The broader bulletin also highlighted a WaterAid study showing 76% of Sub‑Saharan births occur without basic water, sanitation and hygiene, and warned that Ivory Coast’s coastal archaeological sites face irreversible loss from sand extraction and unchecked urbanisation. Notable remarks included Clemens Waller’s warning – “I don’t see that changing … we need to work together so that we have enough hydrocarbons available” – and EU foreign commissioner Kaja Kallas praising Nigeria’s security partnership while noting the refinery’s potential to bolster energy security across West, Central and East Africa. The WaterAid director emphasized that investing in clean‑water infrastructure could cut maternal sepsis deaths by up to 50%, saving thousands of lives. The export launch positions Nigeria as a nascent energy hub, reducing the continent’s exposure to volatile Middle‑East supplies and opening new revenue streams for the nation. It also signals a broader shift toward intra‑African trade in critical commodities, while the parallel health and heritage stories underscore persistent development gaps that could temper the region’s overall resilience if left unaddressed.

Gold Futures Bounced Off 4-Month Low as U.S. Dollar Softened. 3/23/26
Gold futures edged higher on Tuesday after hitting a four‑month intraday low, as the U.S. dollar softened following a brief easing of Middle East conflict rhetoric. The metal settled around $4,475, roughly 2% lower on the day but $350 above...

Mar 23 | Closing Market Report
The March 23 Closing Market Report opened with a rapid rundown of commodity prices, noting modest declines in corn, soybeans, wheat, and livestock futures, alongside a slight dip in crude oil and gasoline. Todd Gleason then handed the floor to Kurt...

Why Oil Isn’t Going Back to $60 Anytime Soon
The video argues that oil prices will not retreat to $60 a barrel in the near term, citing extensive supply disruptions stemming from the recent Middle‑East conflict. Damage to pipelines, LNG trains and export terminals has crippled output for several...

Why Let Iranian Oil Flow During a War?
The video critiques the Trump administration’s decision to allow Iranian vessels to transport oil amid an ongoing conflict, questioning why the United States would forgo a powerful leverage tool when Iran’s access to the Strait of Hormuz is at stake....

'Uncertainty' In Markets Driving Major Opportunity in URANIUM For Contrarians
The episode of Commodity Culture features Vera Energy CEO Janet Lee Sheriff discussing the current uranium market and why contrarian investors may find a sizable upside. Sheriff points to a tightening structural supply deficit—U.S. demand of 48 million pounds a year far...

Trump Statement On War LIVE: US President SHOCKS Everyone On Iran Issue | Israel | Netanyahu | N18G
President Donald Trump announced that the United States has halted planned strikes on Iranian power plants after back‑channel talks, sparking a rally in stock futures. The news sent West Texas Intermediate crude down more than 9% to under $90 a...

Hormuz Market Impacts: Insights Across the Global Commodities Complex
The Hormuz 360 webinar examined how the Gulf conflict is reshaping global commodity markets far beyond oil, focusing on shipping, LNG, coal and power. Panelists highlighted that vessels are now navigating north of Larac Island under Iranian screening, with many...

S. Korea on Alert as Oil Prices Surge Amid Continuing War in Middle East
South Korea has placed its energy sector on high alert as oil prices surged past $114 a barrel for Brent and $100 for WTI, driven by escalating conflict in the Middle East and uncertainty over the Strait of Hormuz, a...

IEA Discussing Further Oil Stock Releases, Calls for War to Stop Grow
The International Energy Agency (IEA) addressed the escalating impact of the war on global logistics and energy markets, emphasizing that the conflict has stalled commercial agreements and left large equipment orders, such as a record Qatar contract, stranded on the...

Civil Networks Demand Lower Power and Fuel Prices
Thailand’s energy crisis deepened by Middle‑East tensions, prompting civil society networks to stage a protest demanding immediate relief on fuel, electricity and essential‑goods prices. The demonstrators outlined three core demands: eliminate excise taxes and cut refinery margins while freezing LPG prices;...

Pakistan Faces Economic Crisis as Middle East Conflict Drives Inflation & Austerity
The video examines how the intensifying Middle East conflict is deepening Pakistan's economic crisis, prompting the prime minister to announce emergency austerity measures. With 80% of oil imports sourced from the Persian Gulf, any disruption to the Strait of Hormuz...

LIVE: U.S. Energy Secretary Chris Wright Discusses Iran War at CERAWeek in Houston — 3/23/2026
U.S. Energy Secretary Chris Wright addressed the Iran war at CERAWeek in Houston, noting the conflict’s unprecedented impact on global oil supplies. He hinted that President Donald Trump may be moving toward a diplomatic resolution, which markets have welcomed as...

What Investors Need to Consider During Iran War
The video warns investors that the Iran‑related conflict is forcing a reassessment of how geopolitics influences the relative value of energy producers versus high‑tech firms. It argues that the war has exposed the fragile underpinnings of modern technology—energy, metals, and...

Uranium Market Update | Justin Huhn and Jimmy Connor
The discussion centered on the current state of the uranium market, highlighted by a free virtual conference scheduled for March 28 and a deep dive into how geopolitical events are influencing supply chains. Host Justin Huhn and analyst Jimmy Connor...

Joe Cavatoni on Gold's Volatility, Bull Case in Metal Digitization
In a Chicago interview, World Gold Council senior strategist Jo Capitani explained that gold’s recent pull‑back reflects a mix of short‑term geopolitical shocks and a longer‑term structural backdrop shaped by the Federal Reserve’s recent declaration that no rate cuts are...

How Iran War Is Disrupting the Food Supply Chain
The video examines how the ongoing conflict in Iran is poised to destabilize the global food supply chain. Although the Persian Gulf is not an agricultural heartland, its role as a conduit for energy, fertilizer and shipping makes it critical...

Natural Gas Prices Soar, As Iran War Continues
The video examines how the ongoing Iran‑Israel conflict and the resulting closure of the Strait of Hormuz have sent global LNG prices soaring, with spot rates climbing from roughly $10 per MMBtu last month to $30 today. Industry insiders cite fear...

Soybean and Wheat Futures Settled Lower for the Week. 03/20/26
U.S. grain futures slipped on Friday as a risk‑off mood took hold ahead of a weekend marked by geopolitical and economic uncertainty. May corn closed at $4.65 per bushel, down 0.45 cents on the day and 1.75 cents for the week....

Copper Is Strong — But Be Ready
The video examines the current state of the copper market, emphasizing that fundamentals are exceptionally strong—driven by robust supply‑demand dynamics, intensified usage across sectors, and a decade‑long underinvestment that has tightened available inventory. Speaker notes that demand intensity and limited new...

Port of Los Angeles Executive Director Gene Seroka on CNN Quest Means Business (March 20, 2026)
In a CNN Quest Means Business interview, Port of Los Angeles Executive Director Gene Seroka warned that the escalating conflict in the Middle East is already reshaping U.S. supply chains. He highlighted a sharp surge in marine fuel prices—more than...

Live and Feeder Cattle Futures Rallied on Friday. 03/20/26
Live and feeder cattle futures rallied Friday, ending the week on a strong note. June live cattle and April feeder cattle contracts posted notable weekly gains, spurred by the USDA Cattle on Feed report showing placements at 104% of expectations....

WTI Crude Oil Futures Reached a Four-Year High. 03/20/26
WTI crude oil futures surged to a four‑year high, reaching the top of a range not seen since July 2022. The rally was driven by persistent shipping disruptions and production uncertainties in the Middle East, especially around the Strait of...

Illinois Fuel and Fertilizer Cost Report for March 20, 2026 - Mobile Edition
The Illinois Department of Agriculture released its weekly Production Cost Report for the week ending March 20, 2026, detailing price movements for key nitrogen‑based fertilizers and farm fuels. The data, presented by Jim Raftis, provides a snapshot of input‑cost pressures...

Breaking Down the Long-Term Fertilizer Supply Crisis
The program focused on the emerging long‑term fertilizer supply crisis, tracing its roots to recent geopolitical turmoil in the Middle East and shifting trade policies. Hosts highlighted how attacks on Iranian and Qatari facilities—particularly the damage to Qatar’s Ross Lefort...

Thai Fuel Price Structure Needs Reform, Renewable Energy Needs Attention
Thailand’s heavy reliance on imported oil and gas—about 8% of GDP—leaves the economy vulnerable to global price swings, and domestic production covers less than 20% of demand. Energy expert Arion Asawin Pongpan says policy constraints in the power sector and...

Could Closing the Strait of Hormuz Lead to a Recession?
The video examines whether a closure of the Strait of Hormuz, which would push crude to $150‑$200 a barrel, could tip the United States into recession. The analyst notes that the U.S. economy is already “yellow‑light” – weak job growth, subdued...

'No Buffer' To Stop ENERGY From Soaring as Hormuz Choked and War Escalates
The interview with Paul Clark, CEO of Can Cambria Energy, centered on the sudden escalation of the Iran‑Iran conflict, the closure of the Strait of Hormuz, and the resulting shock to global oil and gas markets. With WTI hovering near...

Bloomberg News Now: Israel Says It Won’t Strike Iran Energy Sites
The Bloomberg segment focused on a new diplomatic overture: President Donald Trump told Israeli Prime Minister Benjamin Netanyahu to halt strikes on Iran’s oil and gas facilities, and Israel publicly pledged to cease targeting Iranian energy infrastructure. The announcement comes...

UK Petrol Prices Surge as Bank of England Holds Rates at 3.75%, Warns on Inflation
The video highlights a sharp rise in UK fuel prices, with unleaded petrol now approaching $2 per litre – roughly $8 per US gallon – as geopolitical tensions in the Middle East tighten global oil markets. At the same time,...

Zimbabwe Fuel Prices Top $2 for First Time as Middle East Conflict Drives Hike
Zimbabwe announced its first-ever fuel prices above the $2‑per‑liter threshold, with diesel hitting $2.50 and premium petrol around $2.19. The surge follows a week where prices hovered between $1.71 and $1.77 per litre. The government attributes the jump to the ongoing...

Corn Futures Reached Highest Close Since June. 3/19/26
Corn futures closed at their highest level since June 6, marking a recovery after Monday’s decline and establishing a new recent‑high benchmark for the market. The rally arrived amid lingering worries about fertilizer costs and availability. Roughly 80‑85% of fertilizer contracts are...

June Live Cattle Futures Closed Sharply Lower on Weak Demand. 3/19/26
June live cattle futures closed sharply lower on March 19, wiping out most of the mid‑week rally and underscoring a shallow downtrend that has persisted since mid‑February. Analysts cited rising crude‑oil prices and a softening equity market as headwinds for domestic...

Iran Strike Damages 17% of Qatar LNG for 3-5 Years: Reuters
Reuters reported an Iranian missile strike crippled roughly 17% of Qatar’s liquefied natural gas (LNG) output, with repairs expected to span three to five years. The damage centers on the Ras Laffan processing complex, a cornerstone of global LNG supply. The...

Cattle Market Faces Resistance as Trade Awaits Key Signals
The episode of Cattle Chatter focused on the current turbulence in the U.S. cattle market, where a combination of severe wildfire damage in Nebraska, technical resistance on futures contracts, and pending macro‑political signals are shaping trader sentiment. Host Susan introduced...

‘We Would Be Entering a Completely Different World’. What Happens if Oil Hits $200 a Barrel?
The discussion centers on a hypothetical $200‑a‑barrel oil price and its immediate fallout, notably gasoline soaring to about $6 per gallon. Analysts warn that such a shock would thrust the global economy into a markedly different environment. At that price level,...

How High Oil Prices Ripple Through the Economy
Oil prices have surged past $100 a barrel after the Middle East conflict, up from around $70, prompting immediate spikes in gasoline and jet fuel costs. The higher energy costs are already rippling through the economy: pump prices rose roughly $1...

There's a War Going on and Gold Is CRASHING. Nobody Can Explain It #gold
Gold’s price plunged dramatically even as geopolitical tensions escalated, prompting analysts to question whether the metal still functions as a reliable risk‑off hedge. The video highlights a puzzling divergence: after soaring to around $5,700 earlier in the year, gold fell...

Gas Prices in UK and Europe Soar After Strikes on Energy Facilities in Qatar and Iran | BBC News
The BBC interview focused on the sharp rise in European gas prices after coordinated strikes on energy facilities in Qatar and Iran, which have pushed wholesale rates to more than twice pre‑conflict levels. Spanish Foreign Minister José Manuel Álvarez Bueno used...

How Asia Became the Frontline of the Global Energy Crisis
The video examines how the ongoing war in Iran has turned Asia into the front line of a global energy crisis. With Middle‑East oil and gas flows traditionally routed to the continent, disruptions now reverberate across both developed and developing...

Soybean Futures Ended Mixed While Corn and Wheat Gained. 3/18/26
The grain market update for March 18, 2026 highlighted a mixed day for soybeans while corn and wheat futures posted gains. Soybean contracts traded within a narrow 17.25‑cent range, ending near the previous limit‑down level at 1,162 cents, with July contracts touching 1,177 cents....

Why the Strait of Hormuz Crisis Won’t Be Fixed Quickly
The video examines why the Strait of Hormuz crisis cannot be resolved quickly, emphasizing that the bottleneck is not merely a naval issue but a broader security challenge along Iran’s coastline. It argues that while allies have offered naval escorts,...

How Price Of Oil May Indicate a Recession
The video argues that sharp increases in crude‑oil prices have been a reliable harbinger of U.S. recessions, citing a long‑term chart where the green line (oil price) crossing the trend line consistently precedes gray recession bars. Historically, spikes above the long‑term...

The TRUTH About This Unprecedented Copper Setup
The conversation centers on the evolving copper landscape, where heightened demand and shifting economics are prompting a reassessment of what projects qualify for development. Colin emphasizes that, despite changing market conditions, the core fundamentals—geology, metallurgy, and ore variability—remain non‑negotiable, especially...

Lithium's EPIC Comeback in 2026 - 'Huge Increase' In Demand as Price Soars
The episode of Commodity Culture, recorded March 16, 2026, focuses on the lithium market’s dramatic rebound and the strategic moves of Energy X, a pioneer in direct lithium extraction. Host Jesse Day interviews CEO Teague Egan to assess price dynamics, demand...

Could Middle East Conflict Break Energy Supply Chains? With Matthew Fitzsimmons
The podcast examines how the escalating Middle East conflict is reshaping the oil‑field services and equipment sector. With the Strait of Hormuz effectively shut and Qatar’s offshore rigs idled, the region’s drilling activity is projected to fall 15‑20% in 2026,...

Vietnam’s Response to Oil Problem | Việt Nam Đảm Bảo Nguồn Cung Xăng Dầu Trước Biến Động ởTrung Đông
The video outlines Vietnam’s strategic response to recent oil market turbulence sparked by geopolitical unrest in the Middle East. Officials emphasize that safeguarding fuel supplies is essential for maintaining economic stability and avoiding costly disruptions to industry and transport. Key measures...

Oil Prices Could ‘Lead to Something Close to a Recession,’ Says Expert
The video features an energy market expert warning that a $30‑per‑barrel jump in crude prices could push the global economy toward a recession‑like slowdown. The analyst frames the current oil shock as a “balanced probability” between a prolonged period of...

Why Isn't GOLD Spiking as Iran War Rages? 'Be Careful What You Wish For': Keith Weiner
The episode centers on the ongoing Iran‑UAE conflict and its ripple effects on precious‑metal markets, featuring economist Keith Weiner’s on‑the‑ground perspective from Dubai. Weiner explains why gold has not surged despite heightened geopolitical risk, pointing to a scramble for dollar...

Traveling Through a Closed Strait of Hormuz with Graeme Wood
Graeme Wood reports from the quiet waters of the Strait of Hormuz, where Iran has announced it will shut the narrow passage that funnels roughly one‑fifth of the world’s seaborne oil. The strait, a 40‑mile gap between Iran and the...