Energy OverView July 3, 2012

Daft Iran is threatening to close the Strait of Hormuz against EU ships and sanctions supporters. They have also called for the OPEC brethren to convene to address the “unacceptable” prices under $100. Naturally, this has reignited fears of supply disruption as the threat of martial action increases and counters the downside pressure from the negative effect from the world’s largest economy’s manufacturing…