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Wednesday, 5 August 2026

Bahrain Presses Iran to Comply with UN Resolutions, End Hostilities

Bahrain Presses Iran to Comply with UN Resolutions, End Hostilities


Bahrain has called on Iran to immediately halt what it described as "terrorist" attacks carried out directly or through Tehran-backed proxy groups, warning that continued hostilities threaten peace and stability across the Middle East.

Speaking before the United Nations Security Council on Wednesday during a session focused on the global threat posed by the terrorist group Daesh (ISIS), Bahrain's Permanent Representative to the UN, Jamal Alrowaiei, urged Tehran to comply fully with international obligations and respect the sovereignty of neighbouring states.

Alrowaiei said Bahrain "renews the need for Iran to implement and fully abide by relevant Security Council resolutions and to halt hostilities that undermine the security and stability of the region, while respecting the sovereignty of countries and abiding by principles of good neighbourliness."

His remarks reflect growing concerns among Gulf nations over Iran's regional influence through armed groups operating in countries including Iraq, Syria, Lebanon and Yemen. Bahrain has long accused Tehran of supporting militant organizations and interfering in the internal affairs of Arab states—claims Iran has consistently denied.

The Security Council meeting came amid renewed international concern over the evolving threat posed by Daesh. A report presented by UN Secretary-General António Guterres warned that despite suffering major territorial defeats in Iraq and Syria, the extremist organization remains a dangerous global security threat.

According to the report, Daesh continues to adapt by relying on decentralized networks, online recruitment, encrypted communications and regional affiliates operating across the Middle East, Africa and Asia. The report warned that the group retains the ability to inspire or direct attacks even without controlling significant territory.

The UN also expressed concern over the growing activities of Daesh affiliates in parts of Africa, particularly the Sahel and West Africa, where insurgent groups have expanded their operations and intensified attacks on civilians, security forces and humanitarian workers. The report noted that instability, weak governance and humanitarian crises continue to create conditions that extremist organizations exploit.

During the Security Council session, member states stressed that combating terrorism requires stronger international cooperation, intelligence sharing, disruption of terrorist financing and efforts to counter extremist ideology. Several delegations also emphasized that regional conflicts and geopolitical rivalries should not create opportunities for terrorist groups to regroup.

Bahrain argued that lasting regional security depends on all states respecting international law and refraining from supporting armed non-state actors that destabilize neighbouring countries. The kingdom reiterated its commitment to working with international partners to combat terrorism and strengthen collective security.

Iran has repeatedly rejected accusations that it sponsors terrorism, insisting that it supports what it describes as "resistance movements" opposing foreign occupation and extremist groups. Tehran has also argued that its regional partnerships contribute to fighting terrorism rather than promoting instability.

The exchange highlights continuing tensions between Iran and several Gulf Arab states, even as diplomatic efforts aimed at reducing regional friction continue. Analysts say accusations over proxy warfare remain one of the most significant obstacles to building lasting security and trust in the Gulf region.

The Security Council is expected to continue monitoring both the evolving threat from Daesh and broader regional security challenges, with member states calling for greater cooperation to prevent terrorism while encouraging diplomatic solutions to regional disputes.

Tuesday, 4 August 2026

Nigeria Strengthens Oil Trade with India Through Fresh Premium Crude Sale

 


India has reaffirmed its appetite for Nigeria's high-quality crude oil after state-owned Hindustan Petroleum Corporation Limited (HPCL) purchased two million barrels of Nigeria's Utapate and Okwuibome crude grades for delivery in late September.

The purchase, first reported by Reuters and confirmed by trade sources, was made through commodities trading giant Glencore in a competitive tender for HPCL Rajasthan Refinery Limited (HRRL), underscoring Nigeria's growing importance as a supplier of premium crude to Asian markets.

The cargoes are expected to feed HRRL's modern 180,000-barrel-per-day refinery located in Rajasthan, one of India's newest refining facilities designed to process a broad range of light and medium sweet crude oils.

The transaction comes at a time when Asian refiners are actively diversifying crude supplies amid changing global trade patterns, geopolitical uncertainties, and evolving sanctions regimes. Nigerian crude has increasingly become attractive because of its relatively low sulphur content, higher yields of valuable refined products, and reliability of supply.

Why Indian refiners want Nigerian crude

India is the world's third-largest consumer and importer of crude oil, relying on overseas suppliers for more than 85% of its crude requirements. Traditionally, the country has sourced large volumes from the Middle East, Russia, Iraq, Saudi Arabia and the UAE.

However, Nigerian crude has steadily carved out a niche in India's import basket due to several advantages:

  • Higher production of gasoline, diesel and jet fuel.

  • Lower sulphur content, making it easier and cheaper to refine.

  • Better compliance with increasingly stringent environmental fuel standards.

  • Flexibility for sophisticated refineries capable of processing multiple crude grades.

The purchase also reflects confidence in Nigeria's newer crude streams, particularly Utapate, which has rapidly gained international recognition since its commercial launch.

Nigeria's Premium Crude Grades

Utapate Crude

Utapate is one of Nigeria's newest export crude grades, produced from the Utapate field in Akwa Ibom State. Production began only recently, but the grade has already attracted buyers across Europe and Asia.

It is classified as a light sweet crude, meaning it has:

  • Low sulphur content

  • Relatively low density (high API gravity)

  • High yields of premium fuels

These qualities make it especially valuable because refiners require less processing to meet modern environmental fuel specifications.

Okwuibome Crude

Okwuibome is another premium Nigerian crude produced offshore in the Niger Delta.

Like Utapate, it is generally considered a light-to-medium sweet crude with:

  • Good diesel yield

  • Strong gasoline output

  • Low contaminants

  • Stable refining characteristics

It is particularly suitable for complex refineries seeking cleaner feedstock.

Understanding the Different Types of Crude Oil

Crude oil is not all the same. It is generally classified using two main characteristics:

1. Light vs Heavy Crude

This refers to the density of the crude, measured by API gravity.

Light Crude

  • Flows easily.

  • Produces more petrol (gasoline), diesel and aviation fuel.

  • Easier and cheaper to refine.

  • Usually commands higher prices.

Examples include:

  • Utapate (Nigeria)

  • Bonny Light (Nigeria)

  • Qua Iboe (Nigeria)

  • Brent (North Sea)

Heavy Crude

  • Thicker and more viscous.

  • Produces more fuel oil and asphalt.

  • Requires more complex refining.

  • Usually trades at a discount.

Examples include:

  • Venezuela's Merey

  • Canada's Western Canadian Select  

SWEET AND SOUR CRUDE

This classification depends on sulphur content.

Sweet Crude

Contains less than about 0.5% sulphur.

Advantages:

  • Easier to refine.

  • Produces cleaner fuels.

  • Lower refining costs.

  • Higher market value.

Nigeria is globally renowned for producing sweet crude oils.

Examples:

  • Bonny Light

  • Qua Iboe

  • Utapate

  • Okwuibome.  

SOUR CRUDE

Contains higher sulphur levels.

Advantages:

  • Often cheaper.

  • Preferred by sophisticated refineries equipped with desulphurisation units.

Examples:

  • Many Middle Eastern crude grades.

  • Some Russian and Canadian crude streams.

WHY THIS MATTERS

The latest purchase is significant beyond its commercial value.

First, it reinforces Nigeria's reputation as a reliable supplier of premium crude at a time when global buyers are seeking alternatives to traditional sources.

Second, stronger demand from India one of the world's fastest throwing energy markets could help sustain exports of Nigeria's newer crude grades and diversify the country's customer base beyond Europe.

Third, increased exports of high-value light sweet crude could support foreign exchange earnings, especially if production continues to recover and export infrastructure remains secure.

Finally, the deal highlights the growing international acceptance of Nigeria's newer grades, particularly Utapate, which has quickly established itself alongside well-known export streams such as Bonny Light, Qua Iboe, Forcados and Escravos.

Outlook

As India's refining capacity expands and demand for cleaner crude grades grows, Nigeria is well positioned to strengthen its presence in the Asian market. Continued investment in upstream production, improved pipeline security, and stable export operations will be crucial if the country is to capitalize on this opportunity and maintain its status as one of the world's leading suppliers of premium light sweet crude.