A full-scale conflict between the US and Iran would almost certainly trigger a global economic shock that Nigeria would feel almost immediately. While you might assume an oil-producing nation would benefit from a spike in crude prices, our reliance on imported refined petroleum products means that rising global oil costs would likely lead to even higher fuel prices at the pump, further fueling local inflation and increasing transportation costs for everyday goods. We are unfortunately far from prepared for such a scenario, as our lack of local refining capacity leaves us vulnerable to these external market swings rather than insulating us from them. Rather than just watching from the sidelines, the average Nigerian would likely face a tighter cost-of-living squeeze, making it essential to prioritize personal financial buffers and diversified income streams where possible. Ultimately, the interconnected nature of the global market means we cannot escape the ripple effects of a Middle East conflict, and our domestic economic fragility makes us particularly susceptible to the fallout.