Wednesday, March 28, 2007

Oil up around $2 after spike on Iran rumour

(Reuters) - Oil climbed near to $65 a barrel on Wednesday, after a $5 spike to six month highs overnight on a rumour, quickly dismissed by the United States, that a U.S. naval vessel had clashed with Iran.

Britain denied another market rumour that it had sent troops to release 15 British military personnel being held in Iran.


Read more at Reuters Africa

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