BAGHDAD: Iraq's inability to restore its pre-war oil capacity may derail US plans to recoup billions of dollars spent on the invasion and keep world crude prices high for the rest of the year, industry officials and analysts said yesterday.
Pipeline bombings in the north and theft of power cables in the south have slashed Iraqi exports over the past few weeks, helping to keep oil prices simmering close to their highest level since the Iraq war
......
Read more on Gulf Daily News