Oil’s $100 sprint raises fresh fears of petrol price surge

BusinessDay | 08-09-2026 04:00pm |

Crude oil prices surged toward the $100-per-barrel mark on Tuesday, reviving fears of another round of pump-price increases in Nigeria. The rise in global oil prices is expected to impact domestic fuel prices, potentially leading to higher costs for consumers. Analysts are monitoring the situation as the country grapples with economic implications.

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