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Stock Option Trading Tuesday, 11th April 2006
BBC

PARIS, Jan 13, 2006 (AFP) Iran should be dealt with firmly by a united international community, Italian Foreign Minister Gianfranco Fini said Friday amid heightened tensions over Tehran's nuclear program. "The international community must react with a great deal of firmness and unity, " Fini said on Italian public television.

Currency Day Trading Crude oil prices have hit record levels in London amid heightening concerns of a conflict between the US and Iran.

Iran's oil ministry on Wednesday fiercely denied reports it had offered oil to the United States as aid for the victims of Hurricane Katrina, asserting that US policies and sanctions made such a gesture impossible. "Moves by the United States to establish economic sanctions and other pressure against the Islamic Republic of Iran are the main barriers to Iranian aid, " said Iran's envoy to the oil cartel OPEC, Ardebili.

Financial Software Trading A barrel of London's benchmark Brent crude climbed to $69.06, while in New York, light sweet crude was at $69.11.

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Online Stock Trading Company Analysts have warned that prices could climb higher as geopolitical tensions increase worries that oil supplies will not be able to keep up with demand.

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Forex Day Trading Prices are close to the $70.85 record reached in the US in August following the impact of Hurricane Katrina.

Fein (AXcess News) Crude oil prices rose Thursday on concern over Iran balk at the IAEA report to the UN Security Council, if sanctions are imposed, which could mean a cut in oil production. Crude oil for April delivery rose 45 cents to $60.47 a barrel in New York. In London, Brent crude oil settled $1.03 higher at $61.06 a barrel. Violence broke out in Nigeria once again and the UN Security Council is weighing the report from the International Atomic Energy Agency as to whether or not sanctions should be imposed on Iran over its refusal to cooperate.

Financial In Market 'Mere mention'

Stock Trading System The current round of price surges has been sparked by speculation that the US may attack Iran over its plans to develop nuclear capabilities.

Day Trading Stock Tip Both the US and key ally the UK have denied the claims, though that has done little to calm fears.

Financial Forex Forex Software However, the European Union is considering what measures to take against Iran, including sanctions, should Iran continue with its nuclear policy.

Stock Market Trading Iran, the world's fourth largest oil producer, says it needs nuclear power to generate electricity, but the US and EU are concerned it wants to develop atomic weapons.

Day Lesson Stock Tip Trading Although the US reiterated on Monday that it was a seeking a diplomatic solution to the row, some investors fear Washington may be running out of patience with Tehran.

Financial System Trading "Concern about Iran never ceases to push prices," said Gerard Burg of National Australia Bank. "The mere mention of it sends prices higher."

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