Nigeria’s Oil Benchmark Tops $95 Amid Escalating Middle East Conflict

• Attack a ship, get one bridge bombed, Trump tells Iran

Emmanuel Addeh in Abuja

The price of oil yesterday breached the $95 a barrel mark for the first time in six weeks as the escalating Middle East conflict threatened further disruption to global supplies.

Nigeria’s oil benchmark rose sharply on as renewed US-Iran aggression over the strait of Hormuz was compounded by Houthi threats to target vessels carrying Saudi oil through the Bab el-Mandeb strait.

Nigeria’s Oil Benchmark Tops $95 Amid Escalating Middle East Conflict

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