Africa: Middle East War Could Reverse Disinflation Trend – Cppe
The war has triggered a surge in crude oil prices above $100 per barrel, driven by heightened risks to global supply routes, including the Strait of Hormuz. The Centre for the Promotion of Private Enterprise (CPPE) has warned that the rising global oil prices, driven by the US/Israel and Iran conflict, could undermine Nigeria’s disinflation…