THE DAILY TELEGRAPH: The conflict in Libya helped propel the price of oil towards $120 a barrel on Monday as forces loyal to Col Muammar Gaddafi and rebels trying to overthrow his regime formed a front line around the strategic oil town of Ras Lanuf.
Saudi Arabian political activists have also added to energy fears with calls for a day of protest this week.
Britain and France were leading diplomatic efforts to win support at the United Nations for a no-fly zone. These moves in part follow intense lobbying from the rebels. They have pressed Western oil firms to raise with their governments the spectre of losing costly infrastructure in the east of the country. >>> James Kirkup, Praveen Swami and Adrian Blomfield in Benghazi | Monday, March 07, 2011
