Oil above $66 on Iran's defiance
Oil climbed further above $66 on Thursday, toward its $70 record, after Iran rejected a U.N. Security Council demand that it halt uranium enrichment.
"There's got to be a crunch point over Iran," said Geoff Pyne, an independent oil analyst. "At the end of the day Iran is intent on uranium enrichment and the West won't allow it."
( Full story here )
"There's got to be a crunch point over Iran," said Geoff Pyne, an independent oil analyst. "At the end of the day Iran is intent on uranium enrichment and the West won't allow it."
( Full story here )
posted by Oil Shock at 3/30/2006 09:14:00 AM
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