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51%  
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Keyword: ayatollahupinsmokah

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  • Oil set to hit new peaks this year [...anyway, so let's do Iran.]

    04/19/2006 2:23:52 AM PDT · by familyop · 17 replies · 653+ views
    Reuters ^ | 19APR06 | Alex Lawler
    LONDON (Reuters) - A blistering four-year rally in crude oil shows no sign yet of running out of steam and crude could top $80 a barrel this year, boosting fuel costs for consumers and businesses, analysts said on Tuesday. London's Brent crude hit an all-time high of $72.20 a barrel on Tuesday and U.S. crude oil hit a record $70.88, on concern that Iran's nuclear standoff with the West could cut oil exports from the world's fourth largest exporter. "Under the wrong circumstances, you could easily see $80 being broken or even higher than that," said Kevin Norrish, an analyst...