Bangladesh, March 30 -- Nigerias Dangote refinery, Africas largest, is now positioned to expand its fuel exports to European markets, offering a potential alternative amid ongoing global oil market disruptions linked to the conflict between the United States, Israel, and Iran. The development comes as European Union (EU) countries seek stable fuel supplies that are less exposed to geopolitical risks, particularly in the Strait of Hormuz, a key transit point for global oil shipments.

According to the Dutch daily De Telegraaf, the Dangote Group, led by billionaire businessman Aliko Dangote, has confirmed that its refinery in Lagos is ready to meet increasing demand from outside Africa. The refinery has already exported 450,000 tons of fuel...