Oil prices soar as Israel-Iran conflict intensifies

    Oil costs soared Tuesday as the conflict between Israel and Iran intensified, with crude prices up more than four percentage points. CBS News MoneyWatch correspondent Kelly O’Grady has more.

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    23 Comments

    1. HERE IS WHAT HAPPEN AT THE G7 AS THEY WERE SATING AROUND THERE WAS A BAD SMELL AND TRUMPS PANTS LOOKED A LOT BIGGER HE HAS DID NUMBER 2 AGAIN FORTH TIME SINCE HE LANDED HE WAS ALL OUT OF DIAPERS THIS TIME SO THEY CALLED AROUND BUT NO ONE CARRIED 5XL DIAPERS IN CANADA ANYMORE SINCE THE TARIFFS THEY JUST COST TO MUCH MONEY TO CARRY SO TRUMP HAD TO LEAVE EARLY BECAUSE THE ONE HE WAS WEARING STARTED TO LEAK HOPE HE LEARNT TO BRING MORE WITH HIM NEXT TIME AND NOT BUY THE CHEAP ONE'S BECAUSE THEY LEAK AFTER A FOUR HOUR BREAK TO AIR THE PLACE OUT THE G7 CONTINUED0

    2. FUN FACT: Trump has $30 BILLION of illegal business deals in the Middle East, including a $5 BILLION golf course in Saudi. He couldn't care less if other people pay more for gas.

    3. Everyone should take ten min to Google 2009 Brookings Institution policy paper Which Path to Persia, chapter 5, Leave it to Bibi. It has been in the works for over a decade. Blaming Iran for war is in the paper. Read two pages and you’ll get will get it. Available in downloadable pdf format

    4. Kuwait is a source for oil. I remember when we were friends with Hussain right up until he tried to steal his oil back from Kuwait. Well, privateers still have not become a thing of the past. I'd rather have the Arabs set oil prices than somebody who would set them higher than they are now.

    5. Canada has a lot of oil but can't get its pipeline to the tide line. It could be an environmental impact situation for Canada. But would it make a difference to oil prices?

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