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IranIt seems like almost every day Iran is in the news, and today is no different. Oil prices have moved higher after reports that Iranian naval vessels had stopped a racing yacht with 5 U.K. nationals aboard.

Oil is up $1.30 a barrel to $77.35, and traded up as high as $78.00 earlier in the day.

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Oil prices head higher on Iranian controversy originally appeared on BloggingStocks on Mon, 30 Nov 2009 17:20:00 EST. Please see our terms for use of feeds.

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