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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
Add BT as a preferred sourcePublished Tue, Jun 6, 2017 · 09:50 PM
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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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