The Nigerian crude price rose toward the Federal Government benchmark as drones targeted oilfields in Iraq for the fourth time, sparking fears of supply disruptions and highlighting ongoing volatility in the Middle East.
Bonny Light crude reaches $88 per barrel amid Israeli-Houthi conflict, with rising tensions and potential September rate-cut signs.
The United Nations Human Rights Commission has warned of a wider Middle East conflict following Iran's military attack on Israel last night.
