Israel

[MikeWB]

Oil Prices Take a Nerve-Rattling Jump Past $138

By JAD MOUAWAD

Published: June 7, 2008

http://www.nytimes.com/2008/06/07/busin ... ei=5087%0A

The rise in oil prices turned into a stampede on Friday with futures jumping a staggering $11 a barrel to set a record above $138 a barrel. The unprecedented surge came as the dollar fell sharply against the euro and a senior Israeli politician once again raised the possibility of an attack against Iran.

Friday