Dangote raised its gantry price by ₦101 this morning. Iran is why.

You don't control the Strait of Hormuz. You have nothing to do with what America and Israel decided about Iran last weekend.

But before Monday morning was over, Dangote Refinery suspended petrol loading at midnight and announced a new gantry price of ₦875 per litre, up from ₦774, because crude surged past $80 a barrel on fears about the Strait of Hormuz.

The ripple moved fast. Several private depot owners halted PMS sales within hours. Nobody sells below replacement cost when markets are moving. By this afternoon your filling station will be recalibrating.

Think about what that ₦101 actually touches. Not just your tank. The danfo that takes your children to school. The keke that moves your produce. The generator keeping your office running. The cold chain keeping medications viable. The logistics costs embedded in every price in every market. A gantry increase cascades through your entire daily cost of living within days, not weeks.

The Dangote refinery was supposed to break Nigeria's dependence on imported fuel. It's partially worked. Supply is more stable. Competition with importers was starting to push prices down. As recently as February 10, the refinery cut its price to ₦774, its sharpest single reduction of the year. That progress evaporated in one night.

Deregulated still means exposed. And your exposure is total: no price controls, no buffer, no cushion between a war you didn't start and the pump price you'll pay tomorrow.

Analysts are warning of further increases if crude climbs above $90 per barrel. Watch your generator fuel and your market prices this week. Both are about to move.