Brent crude falls below $75 for first time since Middle East war

Brent crude falls below $75 for first time since Middle East war
Nigeria lost an estimated $839.22m in oil revenue in the first four months of 2026 after failing to meet its 1.5m barrels per day OPEC quota

The price of Brent North Sea crude, the international benchmark, extended losses Wednesday to trade under $75 a barrel for the first time since the start of the Middle East war.

Brent slid 3.1 percent to $74.73, extending its fall since the United States and Iran last week struck a deal to end the conflict that began on February 28.

AFP

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