The emerging global energy crisis and Nigeria’s missing shock absorbers (Part 2)
AS the global energy crisis deepens, its geopolitical contours are becoming sharper. The Strait of Hormuz faces escalating disruption risks, while the Bab el-Mandeb corridor remains under pressure from Houthi activity. When such arteries of global energy logistics are threatened, the consequences are immediate: tighter supply expectations, rising freight and insurance costs, and upward pressure […]
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