The Oil Drum | DrumBeat: July 5, 2006

133 comments on DrumBeat: July 5, 2006

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rlaws on July 5, 2006 - 10:31am

1/3 of the world's oil passes through Malacca Straits, so its possible - if the range of their missiles is high enough.

Then again, a lot of 'stuff' passes through that area, so you would expect to see price rises for many security-traded items.

I would stick with the Kuwait explanation.

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Jack Greene on July 5, 2006 - 11:29pm

rlaws,

The one long range missile failed, and the other six are upgunned SCUDS, so they have little accuracy. A scare tactic.

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133 comments on DrumBeat: July 5, 2006

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