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Iran Not Obama to Blame For Oil Shock
Agustino Fontevecchia, Forbes
"There is no rational reason whet oil prices are continuing to remain at these high levels" wrote Saudi Arabia's oil minister Ali Naimi in an op-ed the other day. With markets tight but balanced, oil is trading with a substantial risk-premium tied to the possibility of military conflict between Israel and Iran. . .
"There is no rational reason whet oil prices are continuing to remain at these high levels" wrote Saudi Arabia's oil minister Ali Naimi in an op-ed the other day. With markets tight but balanced, oil is trading with a substantial risk-premium tied to the possibility of military conflict between Israel and Iran. . .
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