The Strait of Hormuz oil pressure pushes Botswana to a 30% stake in Angola worth $6 billion.

The Strait of Hormuz oil pressure pushes Botswana to a 30% stake in Angola worth $6 billion.

As tensions between the United States and Iran escalate, countries are scrambling to secure energy supplies, pursue new alliances and strategic investments to prevent their economies from becoming politically entrenched. Botswana is one of those setting the trend. The landlocked southern African country, which does not produce crude oil, is entirely dependent on exports of … Read more

Angola and Ghana get negative market share as US cuts Nigeria’s price by 47%

Angola and Ghana get negative market share as US cuts Nigeria's price by 47%

New data from the US Census Bureau and the Bureau of Economic Analysis show that imports fell by 47.16 percent month-on-month, falling from 3.149 million barrels in December 2025 to 1.664 million barrels in January. The drop of 1.485 million barrels marks one of the sharpest short-term contractions in the Nigerian portion of the US … Read more