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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Friday, March 27, 2015

Oil prices rise after fears of more violence in Gulf

Bombing of Yemen spooks investors into believing supply lines could be affected and causing crude to jump 4% on global marketsOil prices surged on global markets as jumpy investors weighed the risk that tensions in Yemen could spiral into a wider Middle East conflict, choking off crude supplies.The cost of a barrel of benchmark Brent crude rose more than 4% on Thursday, to $58.93 (£39.55), after reports emerged about Saudi-led air strikes on the Yemeni capital, Sana’a, and the southern port city of Aden – close to the key oil supply route through the Gulf of Aden and the Suez canal. A barrel of US West Texas intermediate jumped $2.17, to $51.37. Related: FTSE 100 falls nearly 1.5% as oil rises amid Middle East tensions Related: Bank of England warns of danger to markets from Greece and China Continue reading...


READ THE ORIGINAL POST AT www.theguardian.com