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…

Oil sank after the US and Iran agreed to an interim deal to end their months-long war, potentially allowing the Strait of Hormuz to reopen...

With oil trading below $100-a-barrel for a fortnight, drivers have already seen the average price of a litre of petrol fall by 3p.

Brent crude dropped over 4% to $83.04 as Iran-US peace talks raise hopes of reopening the Strait of Hormuz. Bitcoin rose 2% to $65,800 on improved risk

US-Iran peace deal reopens Strait of Hormuz, pushing crude oil prices down and setting expectations for lower gas prices. Bitcoin also rallies toward $74K.

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...