**Iran War: US Energy Chief Warns of Possible Long-Term Impact on Nigeria's Oil Prices** The ongoing conflict between the United States, Israel, and Iran may drag on for several more weeks, according to the US Energy Secretary, Chris Wright. This development could result in higher oil and petrol prices, which may have a ripple effect on Nigeria's economy. In a recent interview, Wright explained that the Trump administration believes that the short-term pain at the pump is a necessary sacrifice to eliminate Iran as a threat to the Middle East. He emphasized that this goal is crucial to preventing further destabilization of the region and ensuring that Iran cannot threaten the world with nuclear weapons. The US Energy Secretary's comments come as oil prices have risen to over $103 per barrel, with Iran maintaining a stranglehold on the Strait of Hormuz, a vital waterway that accounts for nearly a quarter of the world's oil and natural gas exports. President Donald Trump has called on other countries, including major oil producers like China, France, Japan, South Korea, and the UK, to send warships to help keep the strait open. For Nigeria, a major oil producer, this development could have significant implications. With oil prices already volatile due to global demand and production disruptions, a prolonged conflict in the Middle East could lead to higher oil prices, increased inflation, and economic uncertainty. While it is unclear how long the conflict will last, Wright's comments suggest that the situation may take several more weeks to resolve. In the meantime, global oil prices are likely to remain high, which could have far-reaching consequences for Nigeria's economy. As the situation unfolds, it will be crucial for Nigerian policymakers to closely monitor the impact of the conflict on oil prices and the overall economy. With Nigeria's reliance on oil exports, any significant changes in global oil prices could have a direct impact on the country's revenue and economic growth.