Iran's Threats Shake Up Oil Market

By: CBS

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Uploaded on September 01, 2012 by CBS

Iran's threat of blocking the traffic of oil moving through the Strait of Hormuz is the latest geopolitical shock to an oil market that's seen its share of volatility. Jim Axelrod reports.

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Cbsepisode, Iran, Cut, Off, Oil, West, Saudi, Saudi Arabia, Sanctions, Shipments, Threat, Strait, Hormuz, Navy, Stocks, Marketing, Cbs Evening News, CBS Evening News, Entertainment

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