Business
Strait of Hormuz Tensions Boost Crude Prices; Nigeria Finds Solace in Local Refining, Says CORAN Spokesperson
Escalating tensions in the Strait of Hormuz are driving up Brent crude prices globally, but Nigeria is poised to benefit due to its growing domestic refining capacity, according to Eche Idoko, Publicity Secretary of the Crude Oil Refinery Owners Association of Nigeria (CORAN).