Golf: Port Harcourt to host Nigerian National Finals Meridianbet partners UFC for Belgrade fight night Wikki Tourists administrator tasks players, coaches on NPFL return Oil block bidding: Inside Nigeria’s seven-hour transparency test MAN warns inflation won’t ease without reforms Nigeria’s money supply hits N133.25tn despite tight monetary policy Private sector credit climbs to N83.3tn amid lending growth Chrisland graduates 327, celebrates 16 UTME high scorers Foundation trains 28 seed producers, distributes agro-inputs to boost farming Police confirm mysterious death of five Abia family members Golf: Port Harcourt to host Nigerian National Finals Meridianbet partners UFC for Belgrade fight night Wikki Tourists administrator tasks players, coaches on NPFL return Oil block bidding: Inside Nigeria’s seven-hour transparency test MAN warns inflation won’t ease without reforms Nigeria’s money supply hits N133.25tn despite tight monetary policy Private sector credit climbs to N83.3tn amid lending growth Chrisland graduates 327, celebrates 16 UTME high scorers Foundation trains 28 seed producers, distributes agro-inputs to boost farming Police confirm mysterious death of five Abia family members

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Oil passes $100 a barrel again and shares slide as Middle East conflict escalates

Oil passes $100 a barrel again and shares slide as Middle East conflict escalates

The Guardian Business· 13h ago· 3 min read

Sharp rise in oil price reflects fears Houthi militias could strangle Saudi exports as US-Iran fighting intensifies How the Bab al-Mandab blockade threat pushed oil back above $100 The oil price broke above $100 a barrel for the first time in two months as a fresh escalation of the Middle East conflict threatens to compound disruption to global oil supplies. The benchmark oil price rose sharply on Thursday, from $95 the day before, amid fears that Yemen’s Houthi militia could strangle Saudi oil exports through the Red Sea while US-Iran tensions over oil flows through the strait of Hormuz intensify. Continue reading...

Continue reading at The Guardian Business

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