Iran Crisis: Nigeria Could See Higher PMS Costs Due to Increase in Crude Oil Prices - Emmanuel

Tue, 10 Mar 2026 10:56:40 +0000

20.7 million barrels of crude passes through the Strait of Hormuz daily. If, after the assassination of Ayatollah Ali Khamenei, the Iran Revolutionary Guards still control the area, we should expect a jump in crude oil prices.

Kelvin Emmanuel, Co-Founder, Dairy Hills

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