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geopolitics and oil

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    Interesting articles. Apparently the Iranian military has marched onto Iraqi territory and claimed some oil fields.

    If this situation escalates there, price of oil will most likely skyrocket.
    Links below


    http://news.bbc.co.uk/2/hi/middle_east/8420774.stm

    http://www.bloomberg.com/apps/news?pid=20601087&sid=adQrnHAvdqAo&pos=9
 
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