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Oil & Gas
Brent surges above $90 as US-Iran conflict escalates
The Punch
Sep 1, 2026 · 02:27 WAT
Brent crude futures climbed 2.69 per cent to $90.47 a barrel as escalating US-Iran military tensions raised concerns about disruptions to global supplies. The move is relevant to Nigerian oil and gas equities because international crude prices can influence sector sentiment and earnings expectations.