Clashes in Egypt have added to growing anxiety over supply disruptions in the Middle East, driving oil prices upward for five days straight. A stronger supply of North American oil should help protect from long-term effects of Egypt unrest, analysts said.
A return to long-term military management of politics has a certain charm for Egypt's generals. Here's why.
Oil prices spiked above $102 a barrel Wednesday as protesters poured into the streets of Cairo and the Egyptian military ousted President Mohammed Morsi. Egypt is critical to regional oil transportation and has investors worried that protests could spread elsewhere in the region.
Alaska Sen. Lisa Murkowski writes that until the US makes the Arctic an issue of national importance, America’s future there will be severely limited while other countries move ahead. The US can take a crucial step by ratifying the Law of the Sea treaty.
Egypt needs IMF money to stay afloat, but the international lender is demanding tough subsidy cuts from an already-embattled government.