Russia cashes in on oil rise

Rising oil prices following turmoil in Libya leads consumers to seek alternative sources.

The turmoil in Libya continues to wreak havoc across world energy markets. Oil prices resumed their rise on Wednesday, as the violence edged closer to Libya’s infrastructure.

But several countries now look set to benefit from the price inflation, not least Russia.

Neave Barker reports from Moscow.

Source: Al Jazeera

More from Economy
Most Read