So the cl run all the week up the hill and stand on friday to take a breeze. According to my understanding, of the Iranian leadership, they pretty much enjoy from all the tumult and attention that surround them.
I don't think and c them rush into reaching a solution. Believe me as long as they keep on c the prices spikes higher and the west markets twisting along and the absence of comfort from those printed oil numbers they will keep on pull the rope while careful not to rip it apart.
This situation will sustain the anxiety and fuel the increases. Been very cautious I would say that even without any escalation we'll c the 70ish barrier breach next week.
All of this and I didn't mention the upcoming attack from the US/Israel on their nuclear facilities... (Is it really ??? A big talk about - time will tell but it's something someone must take into consideration while entering an oil position).
So keep on watching and try not to miss the train...
Iranian Ambassador Gholamreza Ansari to Moscow said sailors may face Iran trial anytime soon. Some say they are already preparing the trial. (BBC link) that would certainly push it towards 70
A Reuters report said Iran has plans to stop selling oil in dollars completely.
And Debka, an Israeli military intelligence website, said that American investors in Bahrain have been advised to leave by U.S. army officers, who spoke of security concerns. The move was "a hint of an approaching war with Iran," Debka concluded.
News agencies said the White House has denied any knowledge of such events.
Earlier, Debka cited "intelligence sources in Moscow as predicting that a US strike against Iranian nuclear installations codenamed Operation Bite has been scheduled for April 6."