QUICK READThe prices of gas and heating fuel could spiral, if the unrest in Egypt spreads to major oil-producing countries in the Gulf region, interfering with their production, or if the Suez Canal or a pipeline that runs parallel to it were closed, petroleum experts say.
In a worst-case scenario, crude oil prices could soar, followed quickly by gasoline and heating oil prices, if the unrest in Egypt spread to major oil-producing countries in the Gulf region, interfering with their production, or if the Suez Canal or a pipeline that runs parallel to it were closed, petroleum experts say.
But reports Tuesday indicated that oil infrastructure and shipments had...