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After key battle, Syrian town of Kobane looks to the future

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THE INTERVIEW

'War is not an option,' says former FARC guerrilla leader

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EYE ON AFRICA

Madagascar political crisis: top court orders formation of unity government

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MEDIAWATCH

Ireland's abortion referendum

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THE WORLD THIS WEEK

Weinstein in court; Ireland abortion vote; Italy's populist takeover

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YOU ARE HERE

Sugar and spice: The flavours of the French Caribbean

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FRENCH CONNECTIONS

The French are so rude! Or are they?

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ENCORE!

The writing's on the wall: Revolutionary posters from May 68

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REPORTERS

'We heard there might be a civil war': May 68 seen from abroad

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Business

Graph: Turmoil sends oil prices soaring

Text by FRANCE 24

Latest update : 2011-03-02

Comments by US Federal Reserve chairman Ben Bernanke and a pledge by Saudi Arabia to increase oil output have failed to curb oil prices, which continued to climb Tuesday on fears of the political turmoil in North Africa and the Middle East.

Bernanke told US lawmakers that high oil prices would probably not lead to significant inflation. But he warned that prolonged regional turmoil, and sustained high prices, could eventually damage the US economy.

On Monday Saudi Arabia pledged to increase its oil production to compensate for the downturn in output by crisis-hit Libya, but the announcement did not immediately stabilize the markets.


Dec. 17 - $91.67 - Tunisian man sets himself on fire in protest, sparking wave of discontent across the country.

Jan. 14 - $98.38 - Tunisian unrest hits boiling point, President Zine al-Abidine Ben Ali flees the country.

Jan. 25 - $95.35 - Thousands of protesters in Egypt call for President Hosni Mubarak to step down.

Feb. 11 - $101.11 - Egyptian president resigns.

Feb. 17 - $104.01 - Bahrain riot police break up protests in the capital, Manama; Yemeni police open fire on protesters; Libyan demonstrators clash with police during “Day of Anger”.

Feb. 23 - $110.34 - Libya’s second city, Benghazi, falls to opposition forces.

Date created : 2011-03-01

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