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Oil Spikes As Netanyahu Threatens Iran
The first on-the-record comments, regarding the bombing in Bulgaria, from Israel's Netanyahu are not the most politically correct. His ire with the world's ignorance of Iran's terrorist-fostering position is very clear as are his threats and promises for retribution. Not good. And sure enough, WTI crude is spiking on this news to $91.75 (18% higher than its EU-Summit lows) back to 2-mointh highs. Via Bloomberg, *NETANYAHU THANKS BULGARIA FOR AID TO VICTIMS OF TERROR ATTACK *ISRAEL'S NETANYAHU SAYS IRAN, HEZBOLLAH CARRY OUT GLOBAL TERROR *NETANYAHU SAYS ATTACKS WERE PLANNED IN INDIA, THAILAND *NETANYAHU SAYS HEZBOLLAH ... (full story)
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