Bonny Light nears $95 as Middle East tensions persist

The popular Nigerian crude contract, Bonny Light, approached the $95 per barrel mark amidst heightened market uncertainty driven by persistent geopolitical tensions, particularly in the Middle East and crucial global trade chokepoints such as the Strait of Hormuz. Brent crude prices increased by 6.5 per cent, while European gas prices rose by just under 9 […]