The British and the Americans are guarding Iraq’s Persian Gulf oil platforms — the troubled country’s only real sources of revenue — like crown jewels. But Iraqi oil is flowing sluggishly at best, while hoped-for investments haven’t materialized and the Iraqi oil industry is on the verge of collapse — both technical and political.
spiegel.de

This entry was posted on Tuesday, May 2nd, 2006 at 7:45 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.