Sun, Oct 28, 2007 - Page 10 News List

US-Iran tensions drive oil to new highs

UPTREND Prices have risen US$30 in a year, with recent gains driven by fears of a confrontation between Tehran and Washington, as well as low stockpiles of oil in the US

AFP , NEW YORK

He said that while US crude oil stockpiles are at a nine-month low, "we don't think things are as dire as some would like to believe."

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