The return of triple-digit oil prices is creating a new opportunity for Nigeria while raising questions about fuel costs, government revenue and economic stability.

Shipping activity through the Strait of Hormuz has fallen as Iran and the United States remain locked in a dangerous confrontation.

Crude oil prices surged as renewed US-Iran attacks intensified concerns over the Strait of Hormuz and the security of Middle Eastern oil shipments.

Global oil markets are facing renewed uncertainty after US President Donald Trump threatened a sweeping economic campaign against Iran and Tehran warned that it could halt oil exports from the