Oil markets have calmed down after briefly spiking on news that has Iran tested a long-range missile with the ability to hit Israel. The Shahab-3 was among a broadside of nine missiles fired off simulltaneously at 8:00 am (0330 GMT) from an undisclosed location in the Iranian desert.
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Thursday, July 10, 2008
Oil markets settle after a brief spike as Iran tests long range missile
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