Wednesday, March 7, 2012
The A-List: Stephen King - Oil is the new Greece
The A-List: Stephen King - Oil is the new Greece As Barack Obama and Benjamin Netanyahu discuss next steps regarding Iran, investors are becoming increasingly jittery. At one point late last year, the Brent oil price was around $90 a barrel. Now, even after falling on Tuesday on news that talks with Tehran were to be reopened, it is still well above $120, reflecting both renewed economic optimism and fears over how, precisely, Iran’s nuclear ambitions can be contained.
Posted by Michele Kearney at 9:18 AM