Global oil prices have risen due to the current Gulf fall out with Qatar. 

Oil prices jumped up as much as 1.6%, due to the threat of ‘supply disruptions’ from OPEC members in the Gulf. 

Bloomberg shared the graphic of the price jump 

Which saw it rise with the announcement of diplomatic ties being severed between Qatar and Saudi Arabia, UAE, Egypt and Bahrain. 

Recommended

Bella Hadid And Huda Kattan Had A Meet Cute In DubaiDubai Has A Vending Machine To Renew Your Driving License In 3 MinutesSalaries Are Expected To Drop As More Expats Move To The UAE