Iran's Pezeshkian Says Won't Bend to US Pressure, Warns of Hormuz Oil Impact

Iranian President Masoud Pezeshkian, speaking at the UN General Assembly on Wednesday, September 23, 2026, declared Iran will not yield to US pressure, saying the nation will never "bend at the knee." He accused the United States of terrorism over the killing of former Supreme Leader Ayatollah Ali Khamenei at the war's outset and displayed a photo of Khamenei during his address. He also warned that Iran will not allow the Strait of Hormuz—a vital global shipping lane—to be used against it while others benefit.

Nigeria's economy relies heavily on oil exports; any escalation in the Gulf that disrupts Hormuz can spike global crude prices, affecting government revenue and domestic fuel costs. Higher oil prices could increase inflation and affect the naira, while lower prices could cut federal allocations. The situation also influences global energy markets that shape Nigeria's own energy policy and investment decisions.

Monitor Brent crude prices and Nigerian National Petroleum Corporation announcements for potential fuel price adjustments. Consider energy-saving measures and budget for possible transport cost changes. Stay informed via reliable news outlets for updates on diplomatic talks or further sanctions that could alter the outlook.

SOURCE: https://dailypost.ng/2026/09/23/iran-will-never-bend-pezeshkian-tells-trump/