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  • No news from Iran on nuclear issue

    There seems to have been no response from Iran to the 2 week deadline set by the US and Europe on the nuclear issue. Over the weekend, Iran's President, Mahmoud Ahmadinejad said 'the Iranian nation would not retreat one iota from its rights.' Earlier, Israel's deputy Prime Minister, Shaul...
    Posted to ICIS Blogs (Weblog) by Anonymous on 08-04-2008

  • US, Iran to meet - crude drops $20/bbl

    I suggested at the weekend that the Iran issue had the potential to move oil prices by $50/bbl either way. Since then, prices have fallen $20/bbl to $130/bbl, on news that the USA and Iran will meet tomorrow for the first time in nearly 30 years. If they reach agreement on the nuclear issue, oil prices...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-18-2008

  • Israel's training exercise worries oil markets

    The US has now confirmed what oil traders have been suspecting - that Israel is preparing for a bombing raid on Iran's alleged nuclear facilities. According to Bloomberg and the New York Times , around 100 Israeli aircraft took part in a full-scale training exercise in early June. The distance it...
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-24-2008
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