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The fuel shortage comes as the U.S.-Israel war on Iran has halted ship traffic in the Gulf and the Strait of Hormuz, driving up energy prices and transport costs, hitting exports and output from Gulf [...]
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- *Crude oil vessel. Mkpoikana Udoma Port Harcourt — Crude oil exports surged to N13.41 trillion in the third quarter of 2024, accounting for 65.44% of Nigeria’s total exports and propelling the country’s merchandise trade to [...]
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