Nigeria, home to some of the lightest, most sought-after crude on the planet, is watching a critical moment pass by as the world confronts what analysts are calling the most serious energy supply shock in decades.
A prolonged closure of the Strait of Hormuz has removed more than 11 million barrels per day of Gulf crude and condensate from global markets, sending Brent crude prices surging and prompting desperate calls for alternative suppliers to step up.
Nigeria, an OPEC member sitting atop vast reserves of premium-grade crude, is widely
