One of the reasons that the oil prices spiked, as they did today, by $12, driving down the stock market, was a remark by the transportation minister of Israel saying war with Iran was inevitable.
David Gergen: “One of the reasons that the oil prices spiked, as they did today, by $12, driving down the stock market, was a remark by…”
On the recordJune 5, 2008
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transcripts.cnn.comEditor's note · Context
David Gergen explains how geopolitical tensions are impacting oil prices and the economy.
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