Global markets to remain volatile on Gulf unrest, crude oil

The political tensions in the gulf region are going on from the last couple of months. It started with the protests against dictatorial regimes. The protestors are demanding democratic governance which means the end of long-run dictatorial regimes.

The protests started in Tunisia a few months ago and spread to Egypt and Libya. International agencies and developed nations have not intervened actively but are passively supporting the move for democratic governance.

(Source: http://articles.economictimes.indiatimes.com/2011-03-20/news/29148012_1_gulf-countries-global-markets-opec)