Oil prices fell to $93 per barrel as US-Iran ceasefire talks progressed, raising hopes for reduced petrol prices in Nigeria. The proposed agreement aims to extend the ceasefire and negotiate Iran's nuclear program, potentially easing geopolitical risks and stabilizing global oil
U.S. and Iranian negotiators reached a tentative agreement to extend a ceasefire in the ongoing conflict and initiate discussions on Iran's nuclear program. The deal includes the removal of mines from the Strait of Hormuz and a gradual lifting of the U.S. naval blockade.
Crude oil prices fell nearly 5% to $95 per barrel amid speculation of a ceasefire agreement between Iran and the U.S. Reports indicated a potential memorandum of understanding to restore shipping levels in the Strait of Hormuz, though the U.S. dismissed Iranian media claims as fa
