Brent crude rallied to a 28-month high above $103 on Thursday as the political crisis in Egypt erupted into violence, sparking fresh concern over energy supplies in the crude-rich Middle East.

Brent North Sea crude for delivery in March climbed to $103.37 a barrel — the highest level since September 26, 2008. It later stood at $102.67 in London trade, up 33 cents compared with Wednesday’s close.

(Read More: Breitbart)