Summary
A COMBINATION of global events, rising demand and fears about the weather have pushed the price of oil to a record high of $78 a barrel.
The confrontation between Israel and Hezbollah and the continuing row over Iran's nuclear ambitions are causing concern on the world markets, as instability in the Middle East could result in the closure of vital pipelines to the west.See the full content of this document
Extract
Middle East Strife Pushes Oil Past $78
Economic expans...
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