Crude oil prices rose as Iran’s tensions continue to keep oil prices to the upside on worries supplies could be disturbed if Tehran closes Strait of Hormuz. Meanwhile in Nigeria talks between the President and labor unions on Sunday over the removal of fuel subsidies failed, raising fears of a shutdown of Nigeria’s oil industry.
Now, eyes will be spotted the performance of the European economy, especially after the ECB lent the European banks huge amount of money, and if that money will help the euro zone to continue recovery process amid big challenges.
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