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Richard Arnold: US Correspondent on the war in the Middle East's impact on oil prices - Holiday Breakfast

Holiday Breakfast

Oil prices are once again a concern as the conflict in the Middle East continues.

The United States has announced a multi-national force to protect tankers travelling through the Red Sea.  

US Correspondent Richard Arnold says about 12% of world trade goes through this route.  

He says many tankers are being forced to take a longer route to avoid being targeted.  

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Richard Arnold: US Correspondent on the war in the Middle East's impact on oil prices - Holiday Breakfast