Oil prices surge 3% as Trump threatens Iran with another ‘Epic Fury’ attack

Author: dailypost.ngPublished on: October 24, 2026Country: United States

Business & EconomyWorld / International

Oil prices surge 3% as Trump threatens Iran with another ‘Epic Fury’ attack

Oil prices rose sharply on Saturday after Donald Trump said at a Florida rally on Friday that the United States might launch another military operation against Iran, dubbed “Epic Fury.” Brent crude climbed 3.82% to $116 a barrel, while West Texas Intermediate rose 3.14% to $103. Trump’s remarks reversed earlier comments suggesting the war could end soon; the conflict, which escalated in February 2026, is nearing its eighth month. Higher fuel prices are affecting economies worldwide and worsening the cost of living in Nigeria, despite the Nigerian government receiving more crude oil revenue.

Stay informed with NewsBoulevard

Get the latest news summaries delivered to your inbox

Related News

DRC: CREFDL calls for greater transparency in implementing the Lobito and Banana corridors

Business & EconomySociety & LifestyleDemocratic Republic of the Congo

radiookapi.net•26m ago

DRC: CREFDL calls for greater transparency in implementing the Lobito and Banana corridors

In a report presented Friday in Kinshasa, the Centre for Research in Public Finance and Development (CREFDL) identified failures to meet legal requirements ahead of public-private partnership contracts for the Lobito and Banana corridors. The organization says requirements in Articles 24 and 25 of the law governing the PPP Advisory and Coordination Unit were not followed and calls for compliance with legal procedures and transparency principles. National coordinator Valéry Madianga said PPPs can help deliver the major projects without increasing the state budget burden, and urged greater involvement of local communities. Conducted from January to August 2026, the study draws in part on the DRC Constitution and the decree on budgetary governance.

PoliticsBusiness & EconomySenegal

senenews.com•38m ago

2026 Amended Finance Bill: Pastef Votes Against in Committee, Takku Wallu Abstains

The Pastef-Les Patriotes parliamentary group was the only group to vote against the 2026 amended finance bill in committee after two days of deliberations. Deputies from Takku Wallu Sénégal abstained, while Pastef raised concerns about the government’s budget decisions. The parliamentary majority is calling for public investment and social spending to be preserved, household purchasing power to be protected, and greater transparency about debt and budget choices. The bill is due to be considered by the full assembly next Tuesday.

The Eco Is Coming: In Cotonou, Fintechs and the NFF Prepare the Way for the Single Currency

Business & EconomyTechnologyBenin

DJOMANDE Aziz•44m ago

The Eco Is Coming: In Cotonou, Fintechs and the NFF Prepare the Way for the Single Currency

The ECOWAS single currency, the Eco, will rely heavily on digital technology and require robust, interoperable payment infrastructure. The Next Fintech Forum (NFF) 2026, scheduled to take place in Cotonou in November, is intended to prepare fintech firms for the transition and stricter central-bank compliance requirements. Providers will need to cooperate to enable seamless, traceable cross-border transactions, such as between a merchant in Bamako and a supplier in Dakar. The article frames a common currency designed for the digital era as an opportunity to attract international investors.

Stay Updated with NewsBoulevard

Subscribe to our newsletter for the latest news summaries delivered to your inbox