Oil

Out of context: Reply #56

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  • TheBlueOne0

    You can thank today's spike mostly on warmongering by the way:

    "Shaul Mofaz, Israel's transportation minister and a contender for the post of prime minister, told the Yediot Ahronot daily newspaper that Israel will have to attack Iran if it doesn't abandon its nuclear-development program.

    ``The Iranian risk premium which had left the market for some time is likely to return and hover over the market in the next few weeks,'' said Antoine Halff, head of energy research at Newedge USA LLC in New York. ``The knee jerk reaction to the comments by Mofaz will wear off quickly because Israel would not broadcast its intention in this fashion.''

    http://bloomberg.com/apps/news?p…

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