This satellite imagery released by Maxar Technologies shows tug boats and dredgers attempting to free the MV Ever Given on March 26, 2021, in the Suez Canal. - The container ship, which is longer than four football fields, has been wedged diagonally across the entire canal since March 23, shutting the waterway in both directions. The blockage has caused a huge traffic jam for more than 200 ships at either end of the 193-km (120-mile) long canal and major delays in the delivery of oil and other products. - AFP
NEW YORK: Oil prices rose more than 4% on Friday on worries global supplies of crude and refined products could be disrupted for weeks as workers try to dislodge a giant container ship blocking the Suez Canal.
It was a rebound from a sharp decline the previous session on concerns that fresh coronavirus lockdowns in Europe would hurt demand.
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