Nigerians celebrated the spike in oil price to above $70pb with the assassination of the Iranian leader. The euphoria was however short lived as Brent is now at $68pb and trending lower.
The normalization of markets after the dastardly act was expected. The uncertainty, as to when the Iranians will carry out the vengeance attack will keep markets volatile and investors jittery in the near term.
In the slides, these issues were discussed by analysts at the FDC Think Tank on Channels TV Business Morning programme today.
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