Oil jumps as UN backs bombing raids in Libya

Oil prices have jumped on fears that escalating tensions in the Middle East could hit supplies as Western forces prepared to bomb the Libyan regime after the UN backed international military action.

Source: http://telegraph.feedsportal.com/c/32726/f/568300/s/1372ce22/l/0L0Stelegraph0O0Cfinance0Cnewsbysector0Cenergy0Coilandgas0C8389760A0COil0Ejumps0Eas0EUN0Ebacks0Ebombing0Eraids0Ein0ELibya0Bhtml/story01.htm

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