Bizarre but true

Bizarre but true

US buys up Iraqi oil to stave off crisis

That’s right, we are buying oil from Iraq now…

“Facing its most chronic shortage in oil stocks for 27 years, the US has this month turned to an unlikely source of help – Iraq.  …Essentially, US importers diverted 0.5m barrels of Iraqi oil per day heading for Europe and Asia to save the American oil infrastructure.

The trade, though bizarre given current Pentagon plans to launch around 300 cruise missiles a day on Iraq, is legal under the terms of UN’s oil for food programme.”

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