Somali pirates ‘could force price of petrol even higher’

Somali pirates could force the price of petrol even higher by capturing key oil supplies, the Government has revealed.
Ministers fear pirates might hijack an oil tanker in the Gulf of Aden and hold the vessel and the oil ransom in Somalia.
The cynical move by the ruthless gangs would restrict fuel supplies and push up prices at the pumps.

A further jump in fuel prices would put more pressure on struggling drivers who have already seen price increases of 5p over the last month.
Junior foreign office minister Henry Bellingham said: 'The UK imports small quantities of oil from the Persian Gulf, so physical supplies are not directly affected by the problem of piracy off the Somali coast.
'However, the phenomenon is a concern because the undisrupted supply of Gulf oil to global markets helps ensure stable oil prices, including for UK consumers.'

Source: www.dailymail.co.