European governments are rushing to boost stockpiles of crude oil and fuel, three agencies in control of strategic reserves said on Friday, anxious to comply with new EU rules and ahead of feared supply disruptions in the Middle East. Belgium and the Netherlands have issued tenders to import a total of around 250,000 tonnes of diesel and gasoline for delivery in September and October, their agencies said.
http://www.brecorder.com/fuel-a-energy/193/1228917/

Hedge funds bet on oil spike as Israel attack fears grow
http://in.reuters.com/article/2012/08/17/us-oil-funds-iran-idINBRE87G03H20120817