Thursday, March 29, 2007

Iran "Crisis" Day 6

That's what they are calling it.

Tuesday evening oil jumped to $69. $5 in 5 minutes as one trader reported. I saw mention of two different rumors. One was of a possible British rescue mission. One of an American ship being attacked.

Yesterday the Iranians videos of the captured British. Lead sailor whatsername to be released soon, supposedly.

In other news: interesting article on Molybdenum prices yesterday.