MFGlobal http://archive2.mrc.org/taxonomy/term/14147/all en Israel-Iran Tension Causing Oil Price Surge, CNBC Analyst Says http://archive2.mrc.org/articles/israel-iran-tension-causing-oil-price-surge-cnbc-analyst-says <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In early trading on June 6, the price of a barrel of oil rose $6 and was holding steady at near-record highs in excess of $133. According to CNBC contributor John Kilduff, a high-ranking Israeli official caused the spike when he commented on tensions between <st1:country-region w:st="on">Israel</st1:country-region> and <st1:place w:st="on"><st1:country-region w:st="on">Iran</st1:country-region></st1:place>. </p><p>&nbsp;</p><p><a href="http://archive2.mrc.org/articles/israel-iran-tension-causing-oil-price-surge-cnbc-analyst-says" target="_blank">read more</a></p> Articles MRC Business Business CNBC EhudOlmert Iran Israel JohnKilduff MFGlobal MorganStanley nuclear OilPrices Reuters ShaulMofaz SquawkontheStreet TheCall Fri, 06 Jun 2008 15:35:26 +0000 admin 26138 at http://archive2.mrc.org