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Commodities Briefing - Categorized | Oil, Trends more

Crude oil prices jump on Middle East fears

Posted on 29 August 2013

Oil prices surged on Wednesday morning with US crude leaping to a two-year high as investors prepared for a possible western military strike on Syria.
Although Syria is not a major oil producer or transit point, investors fear that western intervention there could spill over into the rest of the region, potentially affecting oil supplies from other producers such as Iraq………………………………………..Full Article: Source


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