Iraq to Keep Oil Exports if US Attacks

Chris Beggy news at kippona.com
Thu Aug 29 10:02:11 PDT 2002


"pms" <laflame at aaahawk.com> writes:


> What the hell does this mean?
>
>
> Reuters Business Report
> Iraq to Keep Oil Exports if US Attacks
> Thursday August 29, 5:07 am ET
>
> JOHANNESBURG (Reuters) - Iraq would try to keep oil exports running in the
> event of a military attack by the United States, Iraqi Minister of Planning
> Hassan al-Khattab said on Thursday.

Maybe the oil is already sold, borrowed against and showing up on balance sheets in Tokyo, Singapore, Rotterdam, Beaumont, etc. and Mr. al-Khattab knows this is like an insurance policy.

Chris



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