← NEWS
✦ World · Africa Business Insider

Africa’s oil giants, Nigeria, Angola, and Algeria on standby as Aramco warns of 100 million barrels weekly loss if Hormuz stays closed

WORLDAFRICA BUSINESS INSIDERTue, 12 May 2026
Africa’s oil giants, Nigeria, Angola, and Algeria on standby as Aramco warns of 100 million barrels weekly loss if Hormuz stays closed

Africa’s oil giants are preparing for potential impacts and opportunities from even greater oil gains as Aramco warns of a 100 million barrel weekly loss if the Strait of Hormuz stays closed.

💬 WhatsApp 🐦 Twitter 📘 Facebook