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Iran risk accounts for up to $15 of oil price: Reuters' Kemp

Tuesday, January 03, 2012 - 04:38

Jan. 3 - Oil jumps nearly 3% on rising US-Iran tension, but political risk is the only real major support for oil right now. Record bets against the euro, meanwhile, trigger a bounce back above $1.30.

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Iran risk accounts for up to $15 of oil price: Reuters' Kemp

Tuesday, January 03, 2012 - 04:38