Why Iran–U.S.–Israel Tensions Are Raising Fuel Prices In Nigeria

Fuel remains central to daily life in Nigeria, powering transportation, electricity generation, and many small businesses. Yet motorists are facing a sharp rise in petrol prices, climbing from about ₦840–₦890 per litre to as high as ₦1,050–₦1,150 in some areas. Today on Nigeria Daily, we examine how rising tensions between Iran and the United States are influencing global oil markets and pushing fuel prices higher in Nigeria.