Crude oil has set a new record at $146.90. The prices of crude went this high on renewed threats of supplies from major oil exporters Iran and Nigeria.
The main concern in Nigeria is that Nigeria’s main militant group has vowed to resume attacks because of Britain’s recent pledge to back the government in the conflict there. This voilence in Nigeria is going on and on and is not comming to an end. Attacks on Nigerian oil facilities could again disrupt supplies.
In Concern in Iran can be accessed from the previous report.
Access the concern in Iran report.