March 8, 2026

Iran-Israel War News Live Updates: US says oil prices will drop as Iran’s ability to threaten Hormuz weakens

Iran-Israel War News Live Updates: US says oil prices will drop as Iran’s ability to threaten Hormuz weakens

Home World News Iran-Israel War News Live Updates: US says oil prices will drop as Iran’s ability to threaten Hormuz weakens By CNBCTV18.COM |  Mar 8, 2026 10:20 PM IST (Updated) The war in West Asia triggered by US-Israeli attacks on Iran has entered its ninth day with no signs of abating. Here are the live

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M-East war: Crude may hit $130 — experts; petrol stabilises at N1,040 in Lagos, N1,080 in Abuja

M-East war: Crude may hit $130 — experts; petrol stabilises at N1,040 in Lagos, N1,080 in Abuja

By Udeme Akpan & Mariam Eko Nigeria’s downstreampetroleum sector may face renewed instability as industry experts warn that crude oil prices could rise to $130 per barrel if the ongoing tension between the United States and Iran escalates further, tightening global oil supply. The conflict has already pushed crude prices above $100 per barrel from

M-East war: Crude may hit $130 — experts; petrol stabilises at N1,040 in Lagos, N1,080 in Abuja Read More »