Oil prices fell from $68.38 to $66.93 hours after Iran decided to free 15 UK naval personnel it holds captive, easing fears that the international dispute could escalate and disrupt crude supplies. (Forbes [1], April 4) Meanwhile, it was revealed that Robert Levinson, a US citizen who mysteriously disappeared on a business trip in Iran last month, is a former FBI agent. (AP [2], April 5)
See our last post on Iran [3].