Oil rebounds by $1 on Iran missile test (Reuters)

A New York City cab driver fills his taxi up with gas at a Hess station in New York July 2, 2008. (Shannon Stapleton/Reuters)Reuters - Oil rose a dollar on Wednesday, recovering from a more than $5 fall a day ago, after Iranian state media reported that the country had test-fired missiles that could reach Israel and U.S. bases in the region.
 

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