Energy markets stabilise after shock; supplies not threatened
Oil investors taking strain in their stride with oil price bouncing back to slightly above US$50 a barrel
London
AS Saudi Arabia and four other Arab states cut diplomatic ties with Qatar on Monday, energy markets tried to digest whether the tensions would translate into disruptions.
The flare-up in the Middle East added to the instability in the world's most important energy-exporting region. Saudi Arabia is the world's biggest exporter of crude, while Qatar is home to substantial natural gas resources.
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