Petrol Price In Nigeria May Hit N2000/l As Trump Threatens Blockade Of Hormuz Strait, Iran Warns US Of Dire Consequences
*Tehran Reportedly Charges $2m Per Trip Per Oil Vessel To Ply The Strait, Trump Moves To Stop It Petrol prices in Nigeria and globally may shoot up further if US President Donald Trump fails to reverse his order to the US military to begin blockading the vital Strait of Hormuz in an attempt to take control of the strategic waterway from Iran. The Strait is the maritime highway plied by about a fifth of global oil shipping. Trump's order came in the wake of failed peace negotiations between both countries in Pakistan,at the weekend. But, Iran’s Revolutionary Guard Corps (IRGC),…












