Threat of oil production shutdown in Nigeria
LAGOS, Nigeria (AP) -- A major union threatened Thursday to stop the beating heart of Nigeria's economy -- crude oil production -- as part of a nationwide strike and protests gripping Africa's most populous nation.
World oil prices climbed on the news. Nigeria is the fifth-largest oil exporter to the U.S., and a shutdown would force American refineries to replace 630,000 barrels per day of crude.
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