GLOBEALERT
CONFLICTELEVATEDAug 12 · Aug 12, 2026, 6:04 AM

US-Iran crisis pushes oil to $87, Nigeria gains $22/barrel

Vanguard Nigeria

By Udeme Akpan The latest disagreement between President Donald Trump and Iran over the reopening of the Strait of Hormuz has pushed up oil prices by 5 per cent to $87 per barrel from $83 per barrel in the global market. This was even as Bank of America (BofA) warned that oil prices could continue […] The post US-Iran crisis pushes oil to $87, Nigeria gains $22/barrel appeared first on Vanguard News.

GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.

More in Conflict

US-Iran crisis pushes oil to $87, Nigeria gains $22/barrel · GlobeAlert