Arab Spring and oil prices

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Is Egypt Affecting Oil Prices?

Is Egypt Affecting Oil Prices

With 'black gold on the rise, is it solely Egypt affecting oil prices, or is there another factor at play?

Oil prices hit a nine-month high this week as the "next Arab Spring" erupted in Egypt. Money Morning Global Energy Strategist joined FOX Business to answer: "Why does this have an impact on oil prices? Is it because Egypt's near oil transport regions?"

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