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Nigerian crude tops $100/barrel again as Hormuz threatens global oil supply

March 13, 2026

Nigerian crude oil prices are on track for a significant weekly gain despite a brief dip following the announcement of a 30-day sanction waiver on Russian crude stuck on tankers, as the Trump administration seeks to ease an increasingly serious-looking supply tightening.

The post Nigerian crude tops $100/barrel again as Hormuz threatens global oil supply appeared first on Nairametrics.

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