Normal
The war declaration by Israel will most likely send the cost of oil up everywhere.Israel will target Hezbolla and hamas enclaves, but given they blame Iran for supplying weapons and logistics, you can bet there will be iranian targets, possibly Iranian Nuclear facilities, but certainly oil infrastructure.The nervousness alone will bid up oil prices, and most probably PM's as well.mick
The war declaration by Israel will most likely send the cost of oil up everywhere.
Israel will target Hezbolla and hamas enclaves, but given they blame Iran for supplying weapons and logistics, you can bet there will be iranian targets, possibly Iranian Nuclear facilities, but certainly oil infrastructure.
The nervousness alone will bid up oil prices, and most probably PM's as well.
mick
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