ISIL could threaten oil production in the Middle East

Sunday Telegraph:
Opec under siege as Isil threatens world's oil lifeline

As the bloc’s 12 oil ministers meet in Vienna, the march of Isil jihadists in the Middle East is putting Iran and Saudi Arabia on a collision course with explosive consequences
ISIL is already a threat to Iraq production and could threaten others in the region.  That could send the price of oil back over the $100 mark.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains