Connect with us

General News

Global Oil Supply at Risk After Saudi Refinery Attack

Published

on

Share

 

A drone has struck a major oil refinery in Yanbu, Saudi Arabia, as Iran intensifies retaliatory attacks across the Gulf following recent Israeli strikes on its energy infrastructure.

 

Saudi Arabia’s Ministry of Defence confirmed that the drone hit the SAMREF refinery, a key facility on the Red Sea coast capable of processing about 400,000 barrels of oil per day. Authorities said the impact caused limited damage and no casualties, though the full extent of the disruption is still being assessed.

 

The attack comes as part of a broader wave of Iranian missile and drone strikes targeting critical oil and gas infrastructure across the region, including facilities in Qatar, Kuwait, and the United Arab Emirates.

 

The escalation follows an earlier Israeli strike on Iran’s South Pars gas field; one of the world’s largest, prompting Tehran to retaliate against energy assets it considers linked to its adversaries.

 

Saudi air defences reportedly intercepted additional incoming threats aimed at the Yanbu port, highlighting the scale of the coordinated assault.

 

Despite the attack, oil loading operations at Yanbu have resumed after a temporary suspension, suggesting that the damage may not significantly affect Saudi export capacity in the short term.

 

However, the strike has heightened fears of wider disruption to global energy supplies. Brent crude prices have surged above $115 per barrel, reflecting growing concerns about instability in one of the world’s most critical oil-producing regions.

 

Analysts warn that continued attacks on energy infrastructure could trigger prolonged supply shocks, further driving up fuel prices and increasing the risk of a broader regional conflict

See also  NRC MD APOLOGIZES TO MEDIA, NTA JOURNALIST FOR VERBAL ASSAULT
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General News

Monarch Declares War on Crime, Recruits 118 Guards

Published

on

Share

 

A traditional ruler in Nigeria has taken major steps to strengthen security within his domain by acquiring a surveillance drone and recruiting 118 security personnel amid rising concerns over safety.

 

The monarch announced the initiative as part of a broader strategy to tackle criminal activities, including kidnapping, armed robbery, and other threats affecting residents. According to sources within the community, the newly recruited personnel will work alongside existing local vigilante groups and security agencies to enhance intelligence gathering and rapid response.

 

The deployment of a drone is expected to significantly improve surveillance capabilities, particularly in hard-to-reach areas such as forests and rural boundaries, often used by criminal elements as hideouts.

 

Community leaders have welcomed the move, describing it as a proactive and technology-driven approach to addressing insecurity. They noted that the combination of manpower and modern equipment could help deter crime and restore confidence among residents.

 

Security experts say the initiative reflects a growing trend where traditional institutions and local authorities are stepping in to complement government efforts in combating insecurity across various parts of the country.

 

While the development has been widely praised, some observers have also called for proper coordination with official security agencies to ensure accountability and prevent overlaps in operations.

 

The monarch reaffirmed his commitment to protecting lives and property, stating that the safety of his people remains his top priority.

See also  SENATOR OLUREMI TINUBU CELEBRATED ON 65TH BIRTHDAY FOR HER COMPASSION AND LEADERSHIP
Continue Reading

Automobile

Future of Rides: Uber Invests Billions in Self-Driving Cars

Published

on

Share

 

Uber has announced plans to invest up to $1.25 billion in electric vehicle maker Rivian as part of a major push into the fast-growing robotaxi market.

 

The deal will see Uber and its partners initially acquire about 10,000 fully autonomous vehicles based on Rivian’s upcoming R2 model, with an option to expand the fleet to as many as 50,000 units in the coming years.

 

The partnership is expected to roll out its first robotaxi services in cities such as San Francisco and Miami starting in 2028, with a broader expansion planned across up to 25 cities in the United States, Canada, and Europe by 2031.

 

Uber’s investment will be made over several years and is tied to Rivian achieving key milestones in autonomous driving technology. The company has committed an initial $300 million, with additional funding dependent on progress toward full self-driving capabilities.

 

The move marks a significant step in Uber’s strategy to position itself as a central platform for autonomous ride-hailing services, despite not developing its own self-driving technology. Instead, the company is partnering with multiple firms to build a large-scale robotaxi network.

 

For Rivian, the agreement represents a major boost as it expands beyond electric trucks and SUVs into autonomous mobility. The collaboration is also expected to accelerate the development of advanced driverless systems and strengthen its presence in the competitive electric vehicle market.

 

Industry analysts say the partnership highlights intensifying competition in the global robotaxi race, as companies invest heavily in autonomous technology to shape the future of transportation.

See also  EL-RUFAI CLAIMS TINUBU CHANGED HIS MIND ON MINISTERIAL NOMINATION, NOT NATIONAL ASSEMBLY REJECTION
Continue Reading

General News

House of Reps Calls for Prayers, National Unity as Muslims Mark Eid

Published

on

Share

 

Nigeria’s House of Representatives has called for unity, compassion, and sustained prayers as Muslims across the country celebrate Eid-el-Fitr, marking the end of the holy month of Ramadan.

 

In a statement issued on Thursday, the House congratulated Muslim faithful for successfully completing the period of fasting, prayer, and reflection, describing Ramadan as a time that promotes discipline, generosity, and spiritual renewal.

 

The lawmakers noted that Eid-el-Fitr represents not just the end of fasting but also a continuation of the values of self-restraint, kindness, and support for the less privileged. They urged Nigerians to reflect these virtues in their daily lives to promote peace, unity, and national development.

 

Speaker of the House, Abbas Tajudeen, in his goodwill message, expressed optimism that the prayers offered during Ramadan would bring positive change to the country.

 

He acknowledged the challenges facing Nigeria, including economic hardship, insecurity, and political tensions, but emphasized that divine mercy has continued to sustain the nation. He urged citizens not to relent in praying for peace, stability, and progress.

 

Tajudeen also prayed for the acceptance of acts of worship carried out during the fasting period, wishing Muslims abundant rewards.

 

The House extended its best wishes to Muslims nationwide, hoping the Eid celebration brings peace, joy, and strengthened unity across communities.

See also  PROF. OLUMUYIWA BABALOLA UNVEILS GRACE AGENDA FOR EKITI STATE GOVERNANCE
Continue Reading