8min chapter

Reuters Econ World cover image

Peak Oil

Reuters Econ World

CHAPTER

Navigating Nigeria's Fuel Crisis and Global Oil Dynamics

This chapter examines the impact of rising fuel prices in Nigeria amidst cheaper global oil costs and the government's shift towards new refinery initiatives and subsidy removal. It also analyzes OPEC+'s strategies in a changing oil market, the implications for US politics, and the broader geopolitical landscape as oil price volatility continues.

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