Oil prices rose about three percent today, Monday, on fears that the escalation of the situation in the Middle East would disrupt oil supplies from the region. Brent crude futures rose $2.30, or 2.91 percent, to $81.32 a barrel, and US crude futures rose $2.22, or 2.97 percent, to $77.05 a barrel. Brent reached $81.35 a barrel during today's trading session, the highest level in 11 days. Source: National Iraqi News Agency
UN Envoy: Elections Essential to Strengthen Accountability of Libyan Institutions
Tripoli: UN Envoy Hanna Tetteh affirmed that holding elections is essential to promoting a culture of conducting elections in accordance with international standards, ensuring that responsible institutions are accountable to the Libyan people, and mak…