Oil Spikes As Netanyahu Threatens Iran

Thursday, July 19, 2012
By Paul Martin

by Tyler Durden
ZeroHedge.com
07/19/2012

The first on-the-record comments, regarding the bombing in Bulgaria, from Israel’s Netanyahu are not the most politically correct. His ire with the world’s ignorance of Iran’s terrorist-fostering position is very clear as are his threats and promises for retribution. Not good. And sure enough, WTI crude is spiking on this news to $91.75 (18% higher than its EU-Summit lows) back to 2-mointh highs. Via Bloomberg,

*NETANYAHU THANKS BULGARIA FOR AID TO VICTIMS OF TERROR ATTACK
*ISRAEL’S NETANYAHU SAYS IRAN, HEZBOLLAH CARRY OUT GLOBAL TERROR
*NETANYAHU SAYS ATTACKS WERE PLANNED IN INDIA, THAILAND
*NETANYAHU SAYS HEZBOLLAH ACTED AT BEHEST OF IRAN
*NETANYAHU SAYS TOO DANGEROUS TO LET IRAN HAVE NUCLEAR ARMS
*NETANYAHU SAYS ISRAEL WILL PURSUE, PUNISH TERRORISTS WITH FORCE
*NETANYAHU SAYS WORLD MUST RECOGNIZE IRAN AS TERROR THREAT

The Rest...HERE

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