This crisis could be disastrous for the global economy

The oil price surged more than 7 per cent on Friday after news of the attack hit commodity traders’ screens, and any thought of the price staying below $US60 a barrel this year now seems dead. 

​The oil price surged more than 7 per cent on Friday after news of the attack hit commodity traders’ screens, and any thought of the price staying below $US60 a barrel this year now seems dead.  World Politics, Foreign Affairs, Nuclear Issues, Unrest, Conflict and War, Defence and National Security Top Stories

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