This is a clever chart from Morgan Stanley's Hussein Allidina, CFA comparing the price of Brent Crude since December against the odds on InTrade (this contract) of an airstrike on Iran by the end of 2012.
It's just 4 months, and it's not perfect, but it's clever, and we'll be watching the two lines to see if they keep moving together.
See also: This is when Obama will tap the strategic petroleum reserve >
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See Also:
- BARCLAYS: Obama Will Tap The Strategic Petroleum Reserve This Year
- The 10 Countries That Would Get Screwed In An Iranian Oil Shutdown
- The US Could Impose Sanctions On India If It Doesn't Cut Iranian Oil Imports
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