Iran’s unrest won’t lead to higher oil prices

Courtesy MSNBC.com: Business  Thu, 06/18/2009 - 08:11

Whatever happens in the showdown between protestors and the governement, workers like these at a Tehran refinery will be busy.<br /><br />Iran needs foreign exchange far more than the world needs its oil.Could problems in Iran lead to another oil spike that would show up in higher gasoline prices?

The answer is likely no.



 

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