Nairaland Pulse | News

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**Oil Prices Plummet as Iran Reopens Strait of Hormuz During Ceasefire ** Brent crude prices dropped to $88 a barrel following Iran's announcement that the strategic Strait of Hormuz is "completely open" for the remainder of the current ceasefire. The waterway, which handles 20% of the world's oil and gas, had been effectively closed since February, causing global energy prices to skyrocket. US President Donald Trump welcomed the move, though he noted that the naval blockade of Iran remains in

**Unitree Robotics Files for $7B IPO as Humanoid Sales Soar ** Chinese robotics leader Unitree has officially applied for an IPO on Shanghai’s STAR Market, seeking to raise approximately $608 million. The company, often called the "Boston Dynamics of China," is targeting a valuation between $3 billion and $7 billion. This move follows a stellar 2025, where Unitree reported a 335% revenue surge, driven by the mass production of its humanoid models. To celebrate its global expansion, Unitree laun