By Udeme Akpan, Energy Editor Nigeria is poised for a major oil revenue boost but faces renewed pressure on fuel prices, inflation and operating costs as escalating hostilities between the United States and Iran push crude prices above $100 per barrel. Latest market data showed that the Organisation of Petroleum Exporting Countries Basket, including Nigeria’s […]

Brent crude moved closer to $100 as renewed U.S.-Iran tensions and threats to Gulf shipping raised fears of prolonged oil supply disruptions.

Brent crude moved closer to $100 per barrel as hopes of a near-term peace deal between the United States and Iran weakened amid...