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Oil gains on Middle East tensions not yet enough to threaten global growth – Coutts

The heightened risk of Israel acting unilaterally against the threat of Iranian nuclear weapons has driven the oil price higher.  We see potential for Brent crude to rise from currently around $115 per barrel to $140 per barrel as tensions escalate, or even $180 in the event of an Israeli…

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Source: Coutts & Co

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