Oil gains more than $3 per barrel after Suez Canal ship grounding

Sentiment still bearish after other pandemic curbs in Europe

Grounded: The Ever Given cargo ship sits with its bow stuck into the wall after it became wedged across Egypt’s Suez Canal and blocked all traffic in the vital waterway.
Grounded: The Ever Given cargo ship sits with its bow stuck into the wall after it became wedged across Egypt’s Suez Canal and blocked all traffic in the vital waterway.Photo: AP/SCANPIX
Published 24 March 2021, 20:38Updated 24 March 2021, 20:38