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March 6, 2012

How Iran & Russia Could Cause an Oil Shock

David Francis, The Fiscal Times

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The good news behind the price increase that sent gas to $3.76 a gallon this past weekend is that it is being driven in part by the improvement in the economy and major stock indices. The bad news behind the spike – and the primary reason gas prices are expected to continue to rise through the summer –Iran.

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TAGGED: Oil, Russia, Iran

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