As Egypt Explodes, Oil Set to Skyrocket
Violent anti-government riots in Egypt and a raging fire of unrest torching across the sands of the Middle East fueled fears of $200-a-barrel oil and an instability some say could spread to oil-rich Saudi Arabia, and beyond. The financial impact of the uprising in Egypt has already begun to ripple around the globe. Middle East currencies are under attack by speculators, the Egyptian equities market and emerging-market stocks have nosedived.FULL STORY
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Egyptian anti-government activists clash with riot police in Cairo, Egypt, Friday. Tens of thousands of anti-government protesters poured into the streets, stoning and confronting police who fired back with rubber bullets and tear gas in the most violent and chaotic scenes yet in the challenge to President Hosni Mubarak's 30-year rule. A Nobel Peace laureate was placed under house arrest after joining demonstrations. (AP Photo)
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