Topic: Middle East

Want to move the oil market these days? Fire off a headline about Iran, and, with the help of instant messaging, tweeting, blogging, and some old fashioning phone calling, you get a significant rally.    Read More

The sudden spike in oil prices following Thursday's report of a pipeline explosion in Saudi Arabia highlights how nervous traders are about turmoil in the region.   Read More

As oil hit nine-month highs Thursday, “Fast Money” pro Tim Seymour took a longer view on the effects that would have in the consumer space.    Read More

The risk premium due to Iran could be contributing as much as $15 to $20 a barrel to global oil prices, according to some experts. But traders warn of more upside risk.   Read More

Rising tensions around Iran’s nuclear program, coupled with prospects for a better global economy, carried oil prices above $105 Tuesday for the first time since May. Analysts say oil could continue to rise, but how much depends on a variety of factors, including whether the sanctions against Iran result in supply shortages, which are as yet not a concern.   Read More

Despite pronouncements by Saudi royalty and oil officials that that country will not let the price of oil go above $100 a barrel, Brent crude prices now appear poised to breach $120 a barrel.    Read More

Despite reports suggesting that Iran is considering a halt to all oil exports to Europe as a response to European Union and US sanctions, the head of energy watchdog the International Energy Agency said that releasing reserves under its control is not something under consideration now.    Read More

If Iran were to shut down the Strait of Hormuz, Brent crude would surge to between $150 and $200 a barrel, according to an oil analyst with Societe Generale.   Read More

Pulitzer prize winning author Daniel Yergin, Chairman of IHS CERA, shared an excerpt on Iran from his latest book “The Quest: Energy Security, and the Remaking of the Modern World.” The piece describes how the balance of power in the Gulf region could shift should Iran obtain nuclear weapons.    Read More

Got your resolutions ready? These will set you up for your next year of currency trading.   Read More