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President Obama signs an order blocking more Iranian assets as he continues to ratchet up the...

President Obama signs an order blocking more Iranian assets as he continues to ratchet up the rhetoric pressuring the nation on its nuclear ambitions. In a TV interview, Obama acknowledged military activity in the Gulf could hit U.S. consumers with higher prices on services and products tied to oil. Brent crude +0.5% to 115.19, WTI crude -0.5% to 97.36.
Comments (3)
  • JJA1594
    , contributor
    Comments (67) | Send Message
     
    That's what his liberal tree-hugger backers want: higher oil prices, less fossil fuel production.
    6 Feb 2012, 11:07 AM Reply Like
  • Trader Monk
    , contributor
    Comments (130) | Send Message
     
    JJA..spot on analysis..and EVERYTHING he does now is based on a
    singular focus..his re-election..
    6 Feb 2012, 01:32 PM Reply Like
  • sportsguy
    , contributor
    Comments (142) | Send Message
     
    and what action against Iran won't result in higher oil prices? or does the US wait until Iran makes a first strike? then oil is much higher anyway! either way, oil is going higher. . . US politics or no US politics
    6 Feb 2012, 04:51 PM Reply Like
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