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Meanwhile In Iraq, The Situation Grows More Dangerous

World oil prices & regional stability at high risk now
Monday, August 4, 2014, 6:29 PM
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As if there wasn't enough to concentrate on given all that's happening in Ukraine between Russia and the West, and in Gaza between the Israelis and the Palestinians, the situation in Iraq has been taking some decidedly worrisome turns of late.

As ever, we keep our eye on this hot spot because of its special importance to the world supply of oil, any loss of which will rapidly lead to much higher prices.

 

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