Will the Muslim Brotherhood Close the Suez Canal?

February 2, 2011  •  From theTrumpet.com
Oil prices have spiked at just the possibility. Europe is keeping close watch.
 

Almost immediately after angry Egyptians took to the streets last week, oil jumped to over $100 a barrel. It was the first time oil hit triple digits since the record spike to $147 two years ago. Clearly, investors were spooked at even the thought of a disruption in energy production and shipping.

On Monday, we got a glimpse at one important reason why. A leading Muslim Brotherhood member said the Suez Canal should be immediately shut down.

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