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GLOBAL OIL PRICE

Iran's parliament has approved the closure of the strategically crucial Strait of Hormuz, a vital waterway for global oil shipments, in a significant escalation of tensions in the Middle East region.  
The Founder and Chief Investment Officer of Zrosk Investment Management, Samson Esemuede, has said a higher crude oil...
Brent rose above $81 per barrel on Monday as the global oil market responded to the latest aggressive sanctions on Russia’s oil industry by the United States. 
Global oil prices tracked by Brent futures have fallen to $71 per barrel, remaining below the $75 threshold after Saudi Arabia's oil giant, Aramco, cut prices for its Asian customers. 
We analyze what it could mean for the Nigerian economy with focs on Exchange Rate, Interest Rate, Inflation, Immigration, Geopolitical, and foreign aid.