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NYMEX Crude Oil (Light) ........................121.20 5.64 NYMEX NYH RBOB Gasoline (Globex) ...... 3.0421 .1318

Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!

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Attack on nuclear sites means war, says Iranian commander
Public Policy; Political and Legal News Tehran - An Iranian military commander warned Friday that any attacks against Iran's nuclear sites would mean the start of a war, official news agency IRNA reported.

'Any military action against (nuclear sites in) Iran would mean start of a war and the Iranian reaction would definitely make the enemy regret both its decision and action,' commander of the paramilitary Revolutionary Guards, General Mohammad Ali Jafari, told IRNA.


The general's statements were made in reference to reports that the United States and Israel might attack the main Iranian nuclear sites after the Islamic state once again refused to suspend its uranium enrichment programme.

Jafari last week warned that Iran would block the oil export route in the Persian Gulf and Strait of Hormuz if attacked. The blockade would trigger a worldwide energy crisis.

The general had also warned Israel that the Jewish state was within the range of Iranian missiles and indicated that any Israeli attack on Iranian nuclear sites would be retaliated against by missile attacks.

DPA

Posted on Friday, July 04 @ 08:49:44 PDT by Leanan
 
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