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Crude Oil rises after Israeli attacks on Gaza roil Middle East

Posted on 29 December 2008

From Bloomberg: Crude oil rose a second day in New York on supply concerns after Israeli air strikes in the Gaza strip killed more than 285 people, heightening geopolitical tensions in the Middle East, the world’s largest producing region.

Oil gained as much as 5.6 percent as Israel called up 7,000 reservists after two days of air attacks on the Hamas-controlled region….. Full Article: Source


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