Posted by & filed under Company Analysis, Economic Analysis, Growth & Valuation.

Description:  Oil prices spike to its highest level in nine months, following Iran’s announcement to halt oil exports to Britain and France.

Source: CNNMoney.com – video report

Date: 02/20/2012

Link:  http://money.cnn.com/video/news/2012/02/20/n_iran_oil_gas_prices.cnnmoney/

Questions for discussion:

  • Why have oil prices risen?
  • What is the impact of this change on the economy?

Leave a Reply

Your email address will not be published.