Petrol Nears ₦1,400 as Oil Prices Surge Amid Middle East Tensions

Pump prices of Premium Motor Spirit (petrol) are approaching ₦1,400 per litre across parts of Nigeria, driven by rising global crude prices linked to tensions between the United States and Iran and disruptions around the Strait of Hormuz. Benchmark crude, Brent crude, climbed from about $105 per barrel earlier in the week to $118, increasing […]