Tag: #USIranConflict
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OIL TENSIONS COULD PUSH NIGERIA INFLATION HIGHER, SAYS SEREC
Nigeria could see inflation rise 3–5% amid the escalating U.S.-Iran conflict, warns the Sea and Empowerment Research Centre (SEREC). Eugene Nweke, SEREC’s Head of Research, said disruptions in the Strait of Hormuz—the key route for one-fifth of global crude—could spike oil prices, shipping costs, and insurance premiums worldwide. While Nigeria might gain short-term oil revenue,…
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TRUMP: IRAN WAR COULD LAST FOR WEEKS
The U.S. president says Americans should brace for weeks — not days — of fighting with Iran. In a phone interview with the Daily Mail on Sunday, Donald Trump said the ongoing armed conflict with Iran could run for about four weeks — or even less. “From the outset, it was assumed that it would…
