Oil jumps 4% on fears Suez Canal blockage may last weeks

Shipping rates rise, oil and gas tankers diverted

Stuck: oil prices jumped 4% on fears it will take weeks for the stranded container ship Ever Given to dislodge
Stuck: oil prices jumped 4% on fears it will take weeks for the stranded container ship Ever Given to dislodgePhoto: REUTERS/SCANPIX
Published 26 March 2021, 16:18Updated 26 March 2021, 21:31