Oil Prices Jump On Supply Concerns

AP   |  John Wilen   |   December 26, 2007 03:31 PM


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Oil prices jumped Wednesday on supply concerns, stoked by a new round of Turkish airstrikes in northern Iraq and a growing belief that domestic oil inventories fell last week.

Turkey's military said its warplanes bombed eight suspected Kurdish rebel positions in northern Iraq on Wednesday. It was the third Turkish strike inside Iraq in less than two weeks. Oil traders worry that the rebels could cut oil supplies from Iraq in retaliation.

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- dryfactoidobotanoid See Profile I'm a Fan of dryfactoidobotanoid permalink

http://www.the-environmentalist.com/2007/08/who-are-kurds-on-possibility-of-wider.html
The clear statement from Erdogan regarding Kirkuk, the PKK and the hint above that he would not have a problem with U.S. troops on his border (he's stated elsewhere he'd welcome them)

MARGARET WARNER: ...There are also ideas of moving American troops up to the more peaceful Kurdish area near the border with Turkey.

    Favorite    Flag as abusive Posted 10:30 PM on 12/26/2007
- getoffmedz See Profile I'm a Fan of getoffmedz permalink

Who benefits from these attacks by the Turk on Northern Iraq?

    Favorite    Flag as abusive Posted 05:28 PM on 12/26/2007
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