Middle East Economic Survey
VOL. XLIX
No 6
6-February-2006
OIL PRICES
Crude Prices Supported By Iran Nuclear Standoff
Crude oil prices were supported early last week by concerns over Irans nuclear standoff, as US and European efforts to have Iran reported to the UN Security Council gathered momentum. As OPEC ministers gathered in Vienna on 30 January to discuss production targets,Venezuela boosted prices by reiterating a pledge to support Iran in the nuclear wrangling. However, OPECs widely...
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