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Thursday, January 5, 2012

Oil prices would soar with Iranian blockade:

Oil Price Would Skyrocket if Iran Closed the Strait of Hormuz - Yahoo! Finance

Iran's navy chief Adm. Habibollah Sayyari briefs media on an upcoming naval exercise, in a press conference in Tehran, Iran (AP Photo/Fars News Agency, Hamed Jafarnejad)

Oil prices would soar with Iranian blockade

If Iran carries out its threat to block the Strait of Hormuz, the impact would be immediate.
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