REUTERS - Senior Iranian officials on Tuesday rejected U.S. President Donald Trump’s offer of talks without preconditions as worthless and “a humiliation” after he acted to reimpose sanctions on Tehran following his withdrawal from a landmark nuclear deal.

APRNEWS - Kenya’s president, Uhuru Kenyatta flagged off a pilot scheme to export crude oil via Mombasa as part of efforts to capitalize on the country’s oil reserves.

REUTERS - Oil prices fell on Friday, dropping from highs last seen in 2015, as soaring U.S. production undermined a 10 percent rally from December lows that was driven by tightening supply and political tensions in OPEC member Iran.

Rising U.S. production and weaker refined products demand weighed on the market, traders said.