Strike on Iran Would Roil Oil Markets, Experts Say
144323
A U.S. military strike against Iran would have dire consequences in petroleum markets, say a variety of oil industry experts, many of whom think the prospect of pandemonium in those markets makes U.S. military action unlikely despite escalating economic sanctions imposed by the Bush administration.
604442
TEHRAN, June 30 -- President Mahmoud Ahmadinejad, who swept to power promising that every family would benefit from the nation's oil wealth, now faces growing domestic discontent over newly imposed fuel rationing and skyrocketing consumer prices.
132284
OPEC is united on the need to raise its oil price target to an average $30 a barrel, but the cartel has yet to agree on when to implement the higher level, a top Iranian oil official said on Thursday.
572424
Renewed US tensions with Iran help to fuel the price surge which could threaten efforts to control inflation.
689642
Oil rose to $71 a barrel on Friday, near  a nine-month high, as a strike in Nigeria threatened more of  the country&#39;s output and Iran remained defiant over its nuclear  program.
525586
As tensions with Iran rise, many Persian Gulf countries have come to see themselves as the likely first targets of an Iranian attack.
709196
JAKARTA/DUBAI  - OPEC is united on the need to  raise its oil price target to an average $30 a barrel, but the  cartel has yet to agree on when to implement the higher level,  a top Iranian oil official said on Thursday.
416510
WASHINGTON -- Oil prices finished slightly above $70 a barrel yesterday as traders eyed the nuclear dispute between Iran and the West and after BP PLC officials said the company's Prudhoe Bay output could be restored earlier than expected.
274159
Oil futures prices advanced to a new high Monday as a strike began in Africa's largest exporter of crude, exacerbating global supply concerns at a time of strong demand and reduced output in the hurricane-ravaged Gulf of Mexico.    Worries about Russian oil supplies also persist as oil giant Yukos, already struggling to repay a multibillion-dollar back-tax bill, got hit Monday with $1.34 billion in fines...
142078
Confronted by mounting U.S. and U.N. pressure, Iran has been steadily shifting its trade from West to East and, with the benefit of record high oil prices, is likely to be able to withstand the new U.S. sanctions, according to U.S., European and Iranian analysts.
288032
Crude oil prices surged to a new high Monday on supply concerns ahead of the coming winter, a possible petroleum-industry strike in Norway and data showing that China&#39;s big demand for oil is likely to increase.
236252
NEW YORK -- Oil futures prices headed to a new high Monday as a strike began in Africa&#39;s largest exporter of crude oil. Crude for November delivery rose 33 cents to $53.
245804
JAKARTA The Organization of Petroleum Exporting Countries is united on the need to raise its oil price target to an average of $30 a barrel, a top Iranian oil official said on Thursday, but the cartel has yet to agree on when to move its price range higher
98151
Oil prices firmed on Monday after a   slide under $70 as dealers braced for several weeks of inaction   on Iran's nuclear dispute with the West.
518172
VIENNA -- The diplomatic showdown over Iran's alleged nuclear ambitions could escalate into a confrontation that changes the political dynamic of the Middle East and further destabilizes the region, Western diplomats, officials, and analysts say.
595517
Oil climbed above $61 to a seven-week high on Friday after top fuel consumer the United States reported an unexpected drop in gasoline stocks and Iran said it would show 'no weakness' over its nuclear program.
74076
Oil stayed well above $64 a barrel on   Thursday as the stand-off over Iran's nuclear program and   concerns over Nigerian supplies due to an oil workers' strike   supported the market.