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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)
  • That's what his liberal tree-hugger backers want: higher oil prices, less fossil fuel production.
    6 Feb 2012, 11:07 AM Reply Like
  • 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
  • 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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