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Rising Oil Prices, Suez Canal, Yemen, Bab el-Mandeb

Will Unrest in Middle East Finally Awaken Washington to Impacts of its American Energy Embargo?


The tumult in the streets of Cairo sent shock waves throughout world. Oil prices rose in response to fears that further unrest could result in the closure of the Suez Canal, through which more than 600,000 barrels of oil is shipped every day on its way to the United States and other nations.
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