"Iran Issues Stark Warning on Oil"

This from today's edition of The Guardian: "Iran stepped up its defiance of international pressure over its nuclear programme yesterday by warning of soaring oil prices if it is subjected to economic sanctions ... Last week, Manouchehr Takin, of the Centre for Global Energy Studies, argued that crude prices could hit $100 a barrel if Iran stopped exporting." Military conflict or no military conflict, I would argue that there's only a slim chance that we escape highly volatile oil, energy, and related commodity markets in 2006. What are are you doing to prepare?

Jason Busch

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