MARKETS

Suez shock to oil, LNG markets

THE price of oil is on the rise as a tanker remains stuck in the Suez Canal since becoming lodged in the crucial trade route through Egypt Tuesday.

Suez shock to oil, LNG markets

The Suez accounts for 12% of global container traffic Currently eight tugs are working to dislodge the 400 metre long, Taiwanese-owned, Panama-flagged tanker, which has turned sideways and run aground. ...

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