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Subject Oil soars to $110 a barrel Suez Canal fears, trigger to WW3?? RT

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“Investors can’t ignore such a situation, as in the race for power the Suez Canal will be a weighty asset, the ownership of which will give a chance to one of the parties to come to terms with the outside. This is exactly the background against which oil prices are growing,” Aleksey Pukhaev wrote in an e-mail.

Traders are most concerned turmoil in Egypt could escalate to a level where protesters could feasibly disrupt oil and commodity shipping through the Suez Canal, situated about 125 kilometers east of Cairo.

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