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Wed 23 Feb 2011 11:49 AM

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World oil prices soar amid Libya chaos

Oil prices have risen to their highest level for two years as Libya's Colonel Gaddafi defies a widespread uprising

World oil prices soar amid Libya chaos
A currency trader walks past a screen showing South Korea's benchmark stock index at the Korea Exchange Bank in Seoul on February 22, 2011. South Korean stocks closed 1.76 percent lower as investor sentiment was cooled by concerns that political turmoil in Libya would spur a hike in oil prices, analysts said. (AFP/Getty Images)

(Source: ITN News YouTube channel)