Iran missile tests blamed for oil price record

Oil prices set a new record above US$147 a barrel today amid fears over growing tension in the Middle East.

Iran missile tests blamed for oil price record
Fri, 11 Jul, 2008 - 15:03

Oil prices set a new record above US$147 a barrel today amid fears over growing tension in the Middle East.

Brent crude reached US$147.02 on the London-based ICE Futures Exchange. It has now risen more than US$10 in the past two days.

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CourtsBusinessHeathrowPlace: Middle EastPlace: LondonOrganisation: IranOrganisation: ICE Futures exchangeOrganisation: OPEC
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