Keith Johnson
Oil prices jumped significantly on Monday, the third day of the U.S. war on Iran, with a roller-coaster rise of between 7 percent and 9 percent in the price of benchmark crude oil, as Tehran widened the war to include targeting energy facilities all around the region.
The only wonder is that oil prices aren’t jumping even higher. What is happening now in the Middle East is exactly the scenario that energy executives, analysts, and traders have fretted about for years.
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