BREAKING: Oil Prices Surge over fears of Iran Attack. Israel Upgrades Missiles. Iranian Navy & Parliment Meet to Block Hormuz!

Oh shit, that means petrol will go sky high.Time to get the mountain bike out of the garage lol

Seriously, where have you been for the last 4 years? Petrol/Gas prices are already at the highest level ever.

You will notice another blatant conspiracy here in the UK, (not sure about US AU etc) the second Oil prices rise, so does the price at the pump but the moment Oil prices drop, zero price change at the pump, prices rarely go down.

We are all being screwed by the Government on Petrol/Gas tax.

In the UK we pay over 60% extra in Tax on Petrol/Gas, infact we pay the highest amount in Europe.

A litre of unleaded would only cost about £0.52 pence without tax.

See here:


We're the fuel tax capital of Europe: British motorists pay up to 60% duty and VAT on petrol - the highest figure in the EU


Read more: [link to www.dailymail.co.uk]

i know that but its gonna go sky high, just for the rich

Holy Shit

This is also because they're running out of WTI access, and they're going to have to make NSBC the new "global" benchmark. Global as in without the help of Iran

lolz thats not a high price

and would be much much higher if their where fears

id say up to a 20 - 30 dollar jump or more

without world leaders assuring normal flow of oil

This is also why they go on with this fear about a war with Iran : oil prices can stay high, good for $$$$$

It also has to do with the markets going up the last days. Speculators follow. Either way, one thing is for sure, no economy (good or bad) can sustain $109 a bucket of the black gold - especially this economy!

Israel, bracing for possible attacks by Iran and Syria, upgrades Arrow missile defense system:

[link to twitter.com]

Israel is upgrading its ‘Arrow II’ missile shield over fears of possible attacks by Iran and Syria. The ‘Block-4’ system is currently being installed and deployed across the country, a senior Israeli defense official said on Sunday.

­The Block-4 completed a successful test-run by the US Missile Defense Agency and the Israeli Missile Defense Organization in February. The system, which has been in development for over four years, provides greater accuracy and the ability to intercept missiles even further away.

[link to www.rt.com]

Iran tests upgraded version of short-range missile, says can hit sea targets

[link to www.washingtonpost.com]

I think it's rather unprecedented that a former US Defense Sec'y would give an interview saying Israel can't trust the U.S.!

"Rumsfeld further criticized the pattern of leaks emerging from White House concerning Iran, and said that "If I were in the Israeli government, I don't think I would notify the United States government of any intent to do anything about Iran. So my guess is, given the pattern of leaks out of the White House, that any prime minister of Israel would not call the United States and give clear intentions as to what they plan to do."

[link to www.ynetnews.com]

Former Head of Israeli Nuclear Program Calls for Secret U.S. Aid in Iran Attack

[link to www.richardsilverstein.com]

Iran upgrades its MiG 29 fighter jets with modern electronics

[link to www.examiner.com]

Wartime tasks split: US to smash Iran’s missiles, Israel tackle Syria, Hizballah

An authoritative US military source said Sunday, Aug. 5 that the American armed forces are standing ready for war with Iran.

Without going into the thorny question of who should lead the operation to dismantle Iran’s nuclear program, the US or Israel, it is understood that one of the US Air Force’s tasks will be to destroy Iran’s Shehab-3 ballistic missile batteries which have Israel and Saudi Arabia within range.

This task is not as formidable as Iranian spokesmen would have the world believe.

Tehran’s entire stock of those missiles is no more than 30-40.

That quantity is not nearly enough to take on the entire gamut of potential wartime foes, the United States Middle East bases, Israel, Saudi Arabia, Qatar, Jordan and Turkey.

They would quckly be picked off by American Aegis Ballistic Missile Defense Systems and Israeli Arrow guided interceptor rockets, which are synchronized through the advanced US X-Band radar systems installed in the Israeli Negev and southeast Turkey.

[link to www.debka.com]

"If I were an Iranian, I would be very fearful of the next 12 weeks," former Mossad Chief Efraim Halevy was quoted by the New York Times as saying Thursday, in reference to a possible strike on Iran's nuclear facilities.

[link to www.ynetnews.com]

TEHRAN – During a meeting on Sunday, the MPs sitting on the Majlis National Security and Foreign Policy Committee and the commanders of the Islamic Revolution Guards Corps Naval Force and the Iranian Navy will discuss the latest developments in regard to the Persian Gulf and the Strait of Hormuz.

[link to www.tehrantimes.com]

Hmm. Interesting that they still haven't voted on actually closing the Strait though, even though they claim to have enough votes to do it...

Israel has upgraded its top-tier Arrow II missile defense, a Defense Ministry official confirmed Sunday, as the country girds for possible attacks from Iran and Syria.
Sensors, command and control equipment and radar have been enhanced to improve reach and accuracy, the official confirmed without elaborating. He would not say how many Arrow II batteries are deployed around the country and spoke on condition of anonymity because he was not authorized to discuss the military's preparations.


Read more: [link to www.foxnews.com]

Thank God the Iranians are not Jewish.

how is this breaking of the markets are closed?

The last round of sanctions is a devistating blow to iran...the only pride they will have is by sinking a few US carriers and wiping 70% of isreal out. So who will attact who...stop waiting on US/Isreal to attack...Hezbolla will start the war with s devastating planned attack with iran. Its going to rattle both us and israel but with a massive responce.

Much thanks for pin!!

Maybe a boat anchored for 2 days...lol

God bless Iran

why don't you tell the truth, more like 91.40 a barrel. do you people even know what the truth looks like anymore? you all will be stumbling around babbling lies in short circles looking for a society tit to suck but it will be gone.
[link to quotes.ino.com]

The latest $4.00 gal. gas sanctions are starting to bite on the US economy... again. Thank you democrats for not controlling your war dog.

The only relief is that the AC still works and he won't be President much longer.

actually it's a two day old quote for brent crude which is always higher than the US stuff.