Various sources:
If the US joins military attacks against Iran, retaliation may include
- the laying of mines in the Strait of Hormuz
- targeting of US military bases in the Gulf
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Upward pressure on oil prices would not appear to be going way any time soon:
Technical analysts will be pointing to a potential triple top not too far way – comments welcome!
This article was written by Eamonn Sheridan at www.forexlive.com.