>Oil over $100 as Egypt protests intensify
By Javier Blas in Geneva, Roula Khalaf in London, Michael Peel in Cairo and agencies
Published: January 31 2011 19:12 | Last updated: January 31 2011 23:27
Oil prices broke through the $100 a barrel level for the first time in more than two years, amid market fears that Egypt’s turmoil will hit oil flows.
Although both the Suez Canal and a pipeline linking the Red Sea with the Mediterranean continue to operate, the popular uprising to unseat Hosni Mubarak, Egypt’s president, has brought much of the rest of the economy to a halt.
https://www.ft.com/cms/s/0/8653aec4-2d6c-11e0-8f53-00144feab49a.html#ixzz1ChoS0sWH
