What will happen to oil if there is another war?
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Mitch Kahn remembers how, when fighting began in the second war in Iraq, prices for US crude oil spiked $10 per barrel overnight.
That would have meant a profit of $50,000 if a trader had made the smallest purchasing trade possible. Or, just as big a loss if the trader had decided to sell.
Mr Kahn was working as an independent trader on the New York Mercantile…