Tension Summary: Fri. 21 Apr. Evening

OIL CRISIS

NEWSBYTE
Oil hits new peak over $75 as funds buy
NEW YORK (Reuters) -- Oil prices vaulted to a new peak over $75 a barrel on Friday as investment funds snapped up crude futures and tension mounted over Iran's nuclear intentions.

MIDEAST CONFLICT

NEWSBYTES
Abbas takes on Hamas over security appointment
GAZA (Reuters) -- Palestinian President Mahmoud Abbas and the Hamas-led government were locked in a stand-off on Friday over a senior security appointment, heightening political tension as the new administration's financial crisis deepened.

Israel, Palestinians increase the tension
JERUSALEM (AP) -- An Israeli lawmaker says Israel could target the entire Palestinian Cabinet for assassination, though there are no plans at the moment to launch such an attack.

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