High oil price could be sustained ‘for weeks’, claims Kemp

A leading petro-economist says high oil prices could be sustained “for weeks” should tensions continue in the Middle East.

Brent Crude surged to a three-year-high of $72 a barrel earlier, following the U.S President Trump’s threat of missile strikes on Syria.

The Syrian government has been backed by Moscow during its seven-year civil war, with Russia saying it would intercept any American missiles.

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