Tomato Prices Rise Sharply in Lagos as Fuel Costs Climb

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The maximum tension in the oil market is transferred to the pump. The prices of diesel and gasoline skyrocketed by 14% and almost 8% last week and recorded their greatest increase since the Russian invasion of Ukraine. The crude oil spike, which in the last few hours has touched again the 100 dollars per barrel of Brent (European reference), has dented in the fuels. The blockade of the Strait of Ormuz keeps the markets in silo. Data from the lat…

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The situation in the Middle East is reflected in fuel prices and is affecting stock market prices and market interest rates.