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Monday, February 27, 2012

Iran Drives #HedgeFund Oil Bets to 10-Month High: Energy Markets

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Feb. 27 (#Bloomberg) -- Iran's pledge to halt oil sales to France and Britain combined with faster U.S. economic growth and Greece's bailout sent bullish bets on crude futures to the highest levels in about 10 months and prices above $109 a barrel for the first time in almost a year.

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