Monday, June 30, 2008

Oil Hits New Record Because of Israel's War Rhetoric

Yeah, thanks a lot, ASSHOLES!!!!!!!!!!!!!!!

"Oil Hits Record on Israel - Iran Tensions"

LONDON (Reuters) - Oil rose more than $3 a barrel on Monday to a new record above $143, propelled by heightened market fears of conflict between Israel and Iran over Tehran's nuclear program.

A fall in the U.S. dollar to three-week lows versus the euro helped boost the market.

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Oh, the DOLLAR DUMPED AGAIN, too, huh?