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Iran's saber-rattling accomplishes today what it failed to do yesterday, sending WTI crude oil...
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Tuesday, July 3, 2012, 3:15 PM ETIran's saber-rattling accomplishes today what it failed to do yesterday, sending WTI crude oil up $3.91, or 4.7%, to end at $87.66/bbl, highest since May. Iran claims it successfully test-fired missiles capable of hitting Israel. Adding to gains are reports that delivery of millions of barrels of crude from Iran to China may be at risk following freight disputes.
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