The future behavior of oil prices depends on the euro zone and Israel , according to a report from Chatham House. On the one hand, euro-zone leaders must act to contain the region's economic crisis, while on the other much depends on whether Israel launches a military strike against Iran , it notes. This amounts to a confusing set of signals for the market, as it is "dependent upon the behavior of two groups of politicians who seem to exude either incompetence or unwarranted aggression, or both, compounded by indecision," it says.

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