Iran war delivers N7.05 trillion in revenue to three major oil companies as crude rally fuels H1

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Iran war delivers N7.05 trillion in revenue to three major oil companies as crude rally fuels H1

AI Summary

Nigeria's three largest upstream and integrated oil companies recorded combined revenue of N7.05 trillion in the first half of 2026. This surge is largely attributed to the crude oil price rally fueled by the ongoing US-Israel military campaign against Iran.

Nigeria's three largest listed upstream and integrated oil companies generated a combined N7.05 trillion in revenue during the first half of 2026, as the oil price rally triggered by the US-Israel military campaign against Iran translated into one of the strongest earnings seasons the sector has witnessed in years. The post Iran war delivers N7.05 trillion in revenue to three major oil companies as crude rally fuels H1 appeared first on Nairametrics.

World Conflict Politics Markets Commodities Energy Nigeria oil revenue crude prices military campaign US-Israel Iran war oil companies

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