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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: t4texas who wrote (93096)11/4/2007 8:22:25 AM
From: Dale Baker  Read Replies (1) of 206110
 
If the insurance companies quadruple the cost of taking a tanker through Hormuz, not many will be willing to do it, even with US Navy escorts. It becomes financially impossible, and the crude price would go through the roof.

All the Iranians have to do is cause trouble over and over to achieve their aim.
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