As the US-Iran crisis continues, the Nigerian crude price is surging towards $120 per barrel due to the closure of the Strait of Hormuz and rising tensions

Oil prices climb towards $110 a barrel as US-Iran tensions escalate over the Strait of Hormuz. President Trump's warnings add to market volatility.

As the US-Iran crisis continues, the Nigerian crude price is surging towards $120 per barrel due to the closure of the Strait of Hormuz and rising tensions