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OIL, OIL, OIL!!! David R. Kotok March 3, 2012 > “Oil prices could soar to $440 a barrel if Strait of Hormuz closed.”  Tehran Times—five hours ago. The worst part of writing this missive is that I remember every one of the events in the list below.  Maybe that is the best part, too.  At [...]
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Will Iran's oil threat lead to $5 gas?

Business & Finance : The Week: U.S. Business (3 years ago)

Iran's increasingly provocative behavior is already having global consequences. Its threat to shut down the critical Strait of Hormuz has unnerved the oil market, pushing prices above $100 a barrel. Of course, the price hikes to dat... Read Post

Guest Post: War Imminent In Straits Of Hormuz? $200 A Barrel Oil?

Business & Finance : Zero Hedge (3 years ago)

Submitted by John C.K. Daly of War Imminent In Straits Of Hormuz? $200 A Barrel Oil? The pieces and policies for potential conflict in the Persian Gulf are seemingly drawing inexorably together. Since 24 December the Ir... Read Post

IRAN: We Don't Plan On Closing The Strait Of Hormuz

Business & Finance : Business Insider: Money Game (3 years ago)

TEHRAN, Iran—A top Iranian naval commander said Monday that Tehran's forces have full control over the Gulf's strategic Strait of Hormuz, but have no plans to try to close the route for one-fifth of the world's oil. The comments by ... Read Post

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