Tag Archives: Egypt turmoil pushes crude oil price over $100 a barrel

Opec secretary general expresses concern with tension throughout region and armed guards at Suez canal Protesters in the town of Suez. Photograph: Abu Salahuddien/AP  Fears that the turmoil in Egypt could disrupt oil shipments passing through the Suez canal and engulf the Middle East drove the price of Brent crude oil through the $100 barrier for the first time in over two years. The price of …

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