Page 3 - Unrest Spreads News Today : Breaking News, Live Updates & Top Stories | Vimarsana

prices could go even higher, especially if tensions rise in egypt. the reason is because it could cause a supply disruption. egypt controls the suez canal. right now, things are okay, but compromise will affect oil deliveries. also, if the unrest spreads, it could affect other groups. the middle east is a big export of oil and that s the concern that this could create a huge ripple effect. is there going to be soon a jump at the pump? we re not seeing any jump right now, but what could happen is it could lead to higher gas prices if this oil rally is sustained. higher oil prices also wind up affecting jet fuel and that means those airline tickets could cost more as well if we see prices remain higher. of course, the big fear is that the ripple effect could spread to spending that if we see

Supply disruptionSuez canalThe middle eastOil deliveriesUnrest spreadsRipple effectGas pricesMoil rallyOil pricesAirline ticketsJet fuel