In 2025, the US imported an average of 490 000 bpd of crude oil from the Middle East Gulf region – Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, the US EIA has reported.
African Export-Import Bank (Afreximbank) has announced that it has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE.