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LAGOS, Nigeria (AP) - The United States warned Friday that Nigerian militants may be planning to expand their activities beyond the country's restive oil-producing southern regions.
Light, sweet crude prices rose more than $1, to settle above $59 a barrel, in part because of worries over the warning.
The warning by the United States, which receives more than 10 percent of its crude imports from Nigeria, said an unnamed militant group is "reportedly planning to escalate its activities in regions beyond its previous primary target areas," in the southern Niger Delta region where Nigeria's oil is pumped.
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