Saudi Arabia denies rumors of king's death as oil prices rise

Saudi Arabian King Abdullah bin Abdul-Aziz is alive, a source close to the monarch said on Thursday denying reports of his death. "The king is presently in Morocco; he is in good health and good spirits. The report on his death is untrue," the source in Morocco said. Islamtimes.org web portal reported on Thursday that King Abdullah suffered a sudden heart attack after a phone conversation with U.S. President Barack Obama, during which they discussed the events in Egypt. The portal said doctors were unable to save the king and he was pronounced dead, but "his death was not reported...