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Breaking News	Thu, 3 Jul 2008

Navy's Ticonderoga class cruiser USS Port Royal, equiped with AEGIS combat systems, and "Tomahawk" ASM/LAM cruise missiles, patrols in the Persian Gulf in this 1997 file photo. Iranian boats harassed and provoked three American Navy ships in the strategic Strait of Hormuz, threatening to explode the vessels, U.S. officials said Monday, calling it the most serious such incident in years.

Arab Iran Oil Photos Prices Strait

The Times
Record oil prices: Iran and the Strait of Hormuz
| The price of oil soared over $145 today, fuelled by concerns of an attack on Iran by Israel or the US. | Investors are worried that continuing tension could push Iran to close the Strait of Hormuz -... (photo: AP Photo / U.S. Navy, Christopher Mobley, FILE)

Indelible Ink

Australia Food Oil Photos Trade

Sydney Morning Herald
Australia dips into the black ink of trade
| AUSTRALIA has posted its first monthly trade surplus in six years, ending the longest run of red ink since records began. | The nation posted a small, but significant, $12 million surplus in April t... (photo: WN / Janice Sabnal)

The Union Minister for Petroleum and Natural Gas, Shri Murli Deora addressing the Ministerial Session-India at the concluding day of the 19th World Petroleum Conference, at Madrid, Spain on July 03, 2008.

The Times Of India
India, China not responsible for oil price rise: Deora
| NEW DELHI: Blaming India and China for the oil price hike is "completely devoid of merit", Indian petroleum minister Murli Deora told the... (photo: PIB)
China Economy India Oil Photos

Properties of the element, including its history, applications, and characteristics.The gold standard is a monetary system in which a region's common media of exchange are paper notes which receive substantial premia

The Times Of India
Gold near 10-week high on oil, ETF holdings up
| SINGAPORE: Gold was steady near its highest level in more than 10 weeks on Thursday, on inflation fears driven by record high oil, and ga... (photo: WN / rina)
Economy Gold Oil Photos Singapore

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