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Oil Tops $100 a Barrel

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“The global price of oil rose above $100 a barrel on Thursday, even after a group of more than 30 countries pledged to tap their reserves to stabilize markets,” the New York Times reports.

“The spike reflected fears that the growing war in the Middle East could cripple a major part of the world’s oil and gas supply for an extended period.”

CNBC: “Strategists said oil prices were trading higher because there appears to be no end in sight to oil supply disruptions through the Strait of Hormuz.”

Axios: Trump faces limited gas-price options on Iran.

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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