Monday, January 30, 2012

Iran: Oil to reach $150 a barrel

Oil prices could hit $150 a barrel as a result of the ongoing international standoff over Iran?s nuclear programme, the head of the country?s state oil company said yesterday.

Many Iranian lawmakers have called for an immediate ban on oil exports to the EU before its ban goes into effect in July
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Source: http://www.albawaba.com/150-barrel-iran-warning-410861

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