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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (31770)	6/8/2000 4:10:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

Oil exports and opEC.. <<Iran will come to Vienna ready to throw its weight around. Iraq wants to export as much oil as possible - that is a given. But Iran effectively controls the level of Iraqi exports. Therefore, the announcement of a potential increase in Iraq's export capacity effectively gives Iran considerably more influence in negotiations with OPEC. It allows Tehran to speak with the weight of two countries' export capacities behind it. And if Tehran gets its way, as is likely, production increases will be minimal - and the price of oil will stay high in the months to come.>> Alert report