Friday, April 6, 2007

Iran Attack: Pump & Dump?

That's the first thing that crossed my mind when I saw the headline to this RIA Novosti article: "No U.S. attack on Iran, oil price hits $70 in expectation". RIA Novosti, you might recall, was very active in pushing the April 6 attack rumor, with a steady stream of leaks from unnamed Russian military intelligence sources. Talk about moving the market.

Posted by Judah in:  Iran   Markets & Finance   

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