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War will have worse affect than 1973 oil crisis

The world will suffer a bigger oil crisis than that during the Arab-Israeli conflict of 1973 if the US declares war on Iraq, according to leading US investment Goldman Sachs.

This could send the price of a barrell of crude (Brent) up to $50. God.

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Author Gavin SheridanPosted on 2nd February 2003Categories Economics, Finance, Iraqi War

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