Nigerian Bonny Light hits $115 a barrel as Strait of Hormuz attacks surge

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Nigerian Bonny Light crude reportedly reached $115 a barrel as attacks in the Strait of Hormuz intensified, raising concerns about supply. West Texas Intermediate settled at $103 a barrel.

Nigerian Bonny Light last traded at N115 a barrel while West Texas Intermediate settled at $103 a barrel on supply-side concerns. The post Nigerian Bonny Light hits $115 a barrel as Strait of Hormuz attacks surge appeared first on Nairametrics.

Conflict Markets Commodities Energy Shipping Bonny Light crude oil Strait of Hormuz attacks oil prices supply concerns

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