telegraph bullish on oil Hardliner in Iran has oil market spooked
By Ambrose Evans-Pritchard (Filed: 27/06/2005)
Daily Telegraph
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=441VJLBURZ5WLQFIQMGSM54AVCBQWJVC?xml=/money/2005/06/27/cnoil27.xml&menuId=242&sSheet=/portal/2005/06/27/ixportal.html
The world's jittery oil markets are on high alert after alarming language by the new hardline leader of Iran, and fresh warnings that the price of oil could soon reach $100 a barrel.
Crude reached historic highs of $60 dollars a barrel last week, causing a sell-off in global equities.............
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