Depot prices of petrol across Nigeria is expected to decline to N1,000 per litre as the strait of Hormuz reopens on US-Iran proposed peace...

Nigerian petrol prices could fall to N900 per litre if the US-Iran peace deal holds and crude oil prices continue to decline, say industry operators.

Following a historic peace deal between the US and Iran, global oil prices have plummeted, raising hopes for cheaper fuel in South Africa and across the world. But will the truce…