Hitting new peaks after the Iraq war

Market Review

 After a brief period of stability in the international market, renewed terrorist attacks and concern over Iraq supplies of oil have been steadily pushing up crude prices in the past week. The prices have touched their highest levels since the Iraq war.

 Oil traders are concerned over the increasing terrorist attacks in countries like Saudi Arabia which are also some of the largest exporters of crude oil.

 Moreover, sabotage and looting has kept a lid on Iraq