Iraqi insurgents blow up oil…
Bob Morris @ Jun 15th 2004 12:37 - Category: Unfiled
Iraqi insurgents blow up oil pipelines
Iraqi insurgents stepped up their campaign against the country’s infrastructure on Tuesday, blasting two oil pipelines, cutting the country’s oil exports and driving up world oil prices.
Officials made the usual noises about how the disruption would only be temporary, however prices of oil exploration and oil tanker stocks rose and are at or near historic highs.
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