Financial Times FT.com

Energy Security

Iran’s war games see oil futures rise by $2

By Carola Hoyos in London and Gareth Smyth in Beirut

Published: April 3 2006 19:08 | Last updated: April 3 2006 23:56

Crude oil prices jumped to their highest level since Hurricane Katrina on Monday amid uncertainty about Nigerian supplies and as Iran announced it had tested new weapons during war games in the Strait of Hormuz.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this