Oil prices jumped Thursday as spiralling violence in Egypt raised concerns that petroleum supplies could be threatened.
A tanker is seen stuck in the Suez canal on March 28, 2010 near Ismailia city, 120 kms north east of Cairo. Brent oil prices hit a four-month high on concerns escalating violence in Egypt will disrupt supplies from the Middle East, analysts said.
US benchmark West Texas Intermediate for September delivery rose 48 cents to $107.33 a barrel on the New York Mercantile Exchange.
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