The price of crude oil has gone up to its highest level so far in 2007 amid the heightened tensions surrounding Iran.
It is pushing towards $64 a barrel in New York – and signs are it will increase even further.
The problem surrounds Tehran’s refusal to halt its nuclear programme despite the sanctions brought in by the UN.
The latest developments have renewed market concerns that the world’s fourth-largest oil exporter could one day cut its exports in retaliation.
Iran’s capture of 15 British naval personnel in the Gulf last week has also heightened worries.
Commonwealth Bank of Australia analyst David Moore said: “The situation in the Middle East has become much more uncertain.
“The risk of tensions intensifying has underpinned the rise in oil prices.”
Analysts say concern that civil unrest may intensify in Nigeria ahead of April elections is also sending prices higher.
Thousands of foreign oil workers have left the oil-rich Niger Delta since February last year, when a new militant group staged a series of attacks that forced Royal Dutch Shell to shut down a fifth of Nigeria’s production.
The price of oil in the US has risen by about 25% since crude futures dropped to $49.90 on January 18.
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
MORE DETAILS:
A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
