Brent crude rose above $104 a barrel late on Wednesday and remained there on Thursday after Avigdor Lieberman, the Israeli foreign minister, said two Iranian warships planned to sail through the Suez canal en route to Syria.
Aside from fresh Israel-Iran tensions, oil traders are also worried about unrest in Bahrain, where riot police killed protestors, and oil-rich Libya.
They fear the kind of disturbances that toppled the presidents of Egypt and Tunisia could spread to other oil-producing Middle East nations.
http://www.telegraph.co.uk/finance/newsbysector/energy/8329359/Oil-rises-to-104-a-barrel-amid-Middle-East-tensions.html#
No comments:
Post a Comment