No. 05



US Military Threat Puts Iraqi Oil At Center Stage Of World OilScene

The latest exchanges of fiery threats between Washington and Baghdad, and the intensivediplomatic contacts taking place worldwide to avert a military showdown, have once againplaced Iraqi oil firmly at center stage of the world oil scene, having already led to areversal of the price slide with a rebound of $2/B over the past week. Three mainquestions complicate the Iraqi oil picture as the US...