Brent crude oil jumps 2% after ship runs aground in Suez Canal
The ship is blocking vessels passing through one of the world’s most important waterways
24 March 2021 - 11:37
London — Oil rose more than 1% on Wednesday after a ship ran aground in the Suez Canal raising supply concerns, although fears of a slow recovery in demand due to European lockdowns limited gains.
Ships in the Suez Canal were being diverted to an older channel on Wednesday after a large container ship ran aground, blocking vessels passing through one of the world’s most important waterways...
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