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... and then what, ... oil at $130/bbl? Oil at $262/bbl?

... some 4 million barrels of Iranian crude are shipped around the world each day, accounting for about 5 percent of global supply. That has an effect on prices everywhere, no matter how much or how little Iranian oil reaches U.S. refineries.

Will Iran dispute push oil to $130?

"Iran is on a collision course and I have a difficulty seeing how such a collision can be avoided,"

Ready for $262/barrel oil?
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