Iran Test fired Long range Missiles.

Iran warned the United States and Israel it was ready to retaliate for any attack on their country,following the test fire of nine long range missiles. Iranian officials have said the missiles could reach targets 2,000 km away. Iranian President Mahmoud Ahmadinejad has insisted his country had no intention of attacking Israel. Crude Oil prise rose $2 to around $138 a barrel. Iran is the world’s fourth largest oil producer. The French, German and Italian governments expressed concern at the missile tests.

Image Credit:www.iranwatch.org

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