As jittery as investors are these days about events in the ME and oil prices, Iran can definitely cause the prices to spike by using just words.
Although I believe that $200/bbl is a little high without some type of military conflict, or some type of shipping "accident" or shipmnet blocking.
They are including Venezuela for the boycot, and with what is doing Israël and the backup of the US on this, other OPEC member could do the same, as
Saudi Arabia. Anyway, when he'll truly to something he said, send me an email.
This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.