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Oil jumps as Saudi king's death feeds market uncertainty

New king promises to maintain existing energy and foreign policies

KING ABDULLAH: His death comes amid some of the biggest shifts in oil markets in decades


OIL prices rose on Friday after the death of Saudi Arabia's King Abdullah added more uncertainty to an oil market that has more than halved over the last six months.

King Abdullah bin Abdulaziz died early on Friday and his brother Salman became king of the world's top oil