₦airaland Forum

diggz:
😂😂😂

semid4lyfe:
Baba, you are normally spot on with your analysis but on this one.your brain don waka go sabbatical.

Crude is an internationally priced commodity and the global oil market sets the price. And since the Iran war began, the prize of crude has jumped from $60 per barrel to over $100 per barrel.

Shipping routes have been disrupted. Supply don diminish and crude no surplus like before. Freight and insurance of vessels sef add money. So the price don go up everywhere.

America produces over 20 million barrels of crude oil per day and even refines locally, yet even them don increase their pump price since the Iran war began.

Americans are all over social media complaining about the cost of fuel and the other day we saw Korra Obidi post a video complaining about buying fuel more expensive due to the Iran war.

It's also the reason Donald Trump has being para-ing, daring and threatening Iran not to close the Hormuz Strait. Because 20% of the world supply passes through that route, and if that route is disrupted, iit would exacerbate the situation in America which would affect him politically too.

Another point. The price of refined fuel always mirrors that of crude. If crude goes up, PMS, diesel, aviation fuel and all other derivatives sef go get erection.

Nigeria case get k-leg. Dangote is the only local player and the FG only supplies about 30% of his crude requirement. Even at that, Dangote pays in Naira at the international benchmarked crude price, and this has increased from $60 before the war to over $100 now. So naturally, the price of Dangote fuel go increase.

The other importers and independent marketers sef no get choice but to increase their prices because no be wetin dem dey buy PMS before, dem still dey buy am.

Now, Nigeria is a fuel-dependent country and fuel is the lifeline of our economy. So when fuel goes up, every other thing go follow....transport. commodities, farm produce, groceries and FMCGs, cost of doing business, services, everything.

It was inevitable that the local fuel price will increase with the Iran war. The only way it wouldn't have was if govt paid subsidy.

I rest my fingers.

diggz:
😂😂😂

OasisX:


......when I said FCCPC, DSS and EFCC may intervene to curb greediness of traders, marketers in the country, one dôlt was vomiting in the mouth like epileptic patient. LOL!

raumdeuter:
Na our suffer dey amuse you like this

diggz:
The suffer never start sef, e go reach every body lol. Meanwhile, dem still dey claim say na AI video your guy post again, na true?

Amoto94:
Uncle why are you laughing hard?

raumdeuter:
Make dem post AI video of cardboardtollah na

Egbon why you say the suffer never start? Make you help us beg Iran and Trump

Emaprince:
Iran wey no get leader?

LordAdam16:
OkpaNsukkaisBae, you don see the latest hormuz crashout from pedolf

it is becoming embarrassing at this point

-Lord

OkpaNsukkaisBae:
give me update Boss..

Person no suppose miss Trump crash out season. he dey drop am episode by episode

Spy360:
We have crude oil and we have refinery. But two fighting going on in middle east is making me to suffer

When I don't even have any dog in the fight

Bad leadership

Ballzproblemm:
Like I said,that split is coming when terrorism starts hitting SW, this isn't cheap tribal post,is geographical location

diggz:
My brother…in the famous words of Jose Mourinho: I prefer not to speak. If I speak, I am in big trouble. 😂😂

raumdeuter:
America has crude oil, they have working refineries but the prices of gas is increasing too

iamoyindamola:
Fear fear

LordAdam16:
he deleted the truth social post

😂🤣😀

in the post, he said joe biden and obama started the war in iran and that he will create a hormuz peace board

---

in other news, his chief of staff apparently has been diagnosed with breast cancer

-Lord

OkpaNsukkaisBae:
Khatm al-Anbiya HQ has a message for Trump IN ENGLISH?

The Khatm al-Anbiya HQ spokesman says,

“The outcome of war cannot be determined by tweets, the results of war is determined in the field. The very place where you and your forces do not dare to approach.”

“It’s better to name this war “Epic fear” instead of “Epic fury.”

raumdeuter:
America has crude oil, they have working refineries but the prices of gas is increasing too

raumdeuter:
The big beautiful straits of America

raumdeuter:
The big beautiful straits of America

GloriousGbola:
Where is Oasis?

Hope you are safe man.

This is the bad time.

🚨🇺🇸🇮🇷 TRUMP: “IRAN is a nation of…GREAT POWER… TREMENDOUS POWER”

“No one expected them to attack the gulf states. We were shocked” pic.twitter.com/w6xjEWexRR

— Jackson Hinkle 🇺🇸 (@jacksonhinkle) March 16, 2026

BREAKING:

🇺🇸🇮🇱🇮🇷 Trump says Iran will destroy Israel:

“Israel will go first, without question. And they'll certainly take a shot at us.” pic.twitter.com/OsGKR49RI8

— Megatron (@Megatron_ron) March 16, 2026

raumdeuter:
America has crude oil, they have working refineries but the prices of gas is increasing too