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Double tragedy: Nigerians ration power, hustle for fuel as petrol price hit N1,500

With the ongoing US–Israel–Iran conflict triggering a surge in crude oil prices above $100 per barrel from $60, amid disruptions to energy infrastructure and heightened risks to global supply routes, including the Strait of Hormuz, countries are responding with a mix of short-term relief and longer-term structural adjustments to cushion the economic effect on their population.