Senior Iranian officials have advised that Faye Turney, the only woman among the fifteen abducted British sailors would not be released now. And why should they? Releasing her would only lessen political tensions and in turn reverse the upward pressure on oil prices.
Since the "capture" of the fifteen British sailors the price of oil has shot up some 10% or about $6 per barrel. For Iran, exporting 2.5 million barrels a day that's a jump in daily income of some...
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