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October 11, 2013 11:07 am

IDF Tweet About Yom Kippur War Startles Oil Traders

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The fighting in Syria, as seen from Israel. Photo: Tsuri Cohen-Arazi/ Tazpit News Agency.

Ynet – Oil prices jumped $1 as the talk raced through oil markets, which frequently react quickly to rumors of geopolitical events and where traders have increasingly turned to the Internet andsocial media for advance warning of escalating risks, from the Arab Spring to the Iranian nuclear standoff, after a tweet from the IDF Spokesperson Unit seemed, at first glance, to suggest they had bombed Syrian airports.

The tweet was true, but it wasn’t news. The posting referred to an attack 40 years ago in the Yom Kippur War, the latest in a series of tweets from the Israel Defense Forces Twitter handle (@IDFSpokesperson) commemorating the war.

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