Brent Tops 91 US Dollars as Renewed Gulf Fighting Threatens Ethiopia’s Fuel Bill
Global oil prices climbed above 91 US dollars a barrel on Tuesday after renewed fighting between the United States and Iran raised fresh concerns about energy supplies from the Gulf, increasing the cost and supply risks facing fuel-import-dependent Ethiopia. Brent crude futures reached 91.15 US dollars a barrel at 9:40 a.m. Ethiopia time, gaining 0.7...