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
Libya and US Ink Deal to Boost Tech and Telecom Ties
Washington:Libya and the United States have signed a strategic cooperation framework focusing on telecommunications, informatics, and technology. This agreement, finalized in Washington, D.C., is intended to expand bilateral cooperation and strengthen…