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

Oil prices rallied on Monday after conflict between the United States and Iran intensified, raising fresh concerns over crude supplies from the Middle East as shipping through the…

Brent crude trades just above $90 and WTI near $84 as fears grow of prolonged disruption in the Strait of Hormuz; the dollar remains stable ahead of the weekly opening on the Tel…

Analysts warn oil market may be underestimating risk to supply from latest escalation