Global oil prices jumped about 3% on Monday as fresh attacks on Saudi Arabian infrastructure and vessels around the Strait of Hormuz intensified concerns that disruptions to Middle East crude supply could become more prolonged. Brent crude oil, the international benchmark for Nigerian crude oil, climbed $2.93, or 2.8% to $107.54 per barrel by 08:00 […]
... Oil Jumps 3% as Saudi Pipeline Shutdown, Hormuz Attacks Deepen Supply Crisis ... Naijaonpoint.