Nigeria: Crude Oil Hits $72, Highest in Three Years Over Middle East Tensions

12 April 2018

The price of crude oil Wednesday rose to $72 per barrel, its highest in more than three years, after Saudi Arabia said it intercepted missiles over Riyadh, worsening tensions in the Middle East.

Also comments by the U.S. President Donald Trump, who Wednesday warned Russia that missiles "will be coming," in Syria after a suspected chemical attack, also affected the global oil market.

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