Iran War Boosts Oil, Lifts Nigeria as Africa 'Gets Lucky'

Bloomberg
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Iran War Boosts Oil, Lifts Nigeria as Africa 'Gets Lucky'
Bloomberg
Written by Bloomberg
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Nigeria is emerging as a beneficiary of the Iran war, with higher oil prices boosting export revenues. Speaking to Bloomberg's Jennifer Zabasajja, Citi Senior Africa Economist David Cowan said Africa has "got lucky" with elevated commodity prices and already-planted crops help cushion the continent from broader global disruptions.

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