Hurricane hits the US oil industry

Monday morning, the oil price reached its highest level in two years, after Hurricane Harvey caused refineries in the US to shut down production. According to the weather forecast, there is no improvement in store for coming days.

BY RITZAU/ RITZAU FINANS

Heavy rains have poured down in Texas over the past few days, causing the most extreme floods ever recorded in the history of Houston. According to the weather forecast, things are not set to dry off any time soon.

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