Joe

While Iran Threat Keeps Oil Elevated, U.S. Stocks and Dollar Slip

As far as the oil price and wars are concerned:
Rupert Murdoch, Boss of News Corp made an interesting prediction
in 2003:
(articel in the UK Guardian)

Murdoch praises Blair's 'courage'

* Julia Day
* The Guardian,
* Wednesday February 12, 2003
....He said the price of oil would be one of the war's main benefits. "The greatest thing to come out of this for the world economy, if you could put it that way, would be $20 a barrel for oil. That's bigger than any tax cut in any country."

Mr Murdoch's comments come just a week after he told Fortune magazine in the US that war could fuel an economic boom.
www.guardian.co.uk/pol...