Iran Stalls On Hormuz Reopening As Global Oil Market Holds Its Breath

Steel Gorilla from Onitsha

about 1 month ago

Arise News reports that Iran has not yet responded on whether it will reopen the Strait of Hormuz. The waterway is critical for global oil shipments, and any closure or delay can push crude prices up fast. For Nigerians, that means possible changes in fuel costs and government revenue, so this is worth following closely.