Oil prices jumped on the rumors of an Iranian nuclear plant attack today.
Iranian women and human shields form a human chain at the Isfahan Uranium Conversion Facility in support of Iran’s nuclear program, just outside the city of Isfahan, 410 kilometers, 255 miles south of the capital Tehran, Iran, Sunday, Jan. 22, 2006. (AP)
Oil rose for a third straight session on Tuesday to more than $138 a barrel, following rumors of an attack on Iran’s nuclear facilities, which was later denied, Reuters reported.
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“This is just a rumor. No attack against Iran’s nuclear facilities has taken place,” a senior Iranian nuclear official said.
Israeli and American military spokesmen also denied the rumors, according to Bloomberg.
John Bolton, the former American ambassador to the United Nations, predicted yesterday that Israel could attack Iran after the November presidential election but before George W Bush’s successor is sworn in.