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Home > Research Archive > War and Terror > OPEC warns against military conflict with Iran
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Saturday, 12 July 2008

OPEC warns against military conflict with Iran

'The head of the Organization of Petroleum Exporting Countries warned Thursday that oil prices would see an "unlimited" increase in the case of a military conflict involving Iran, because the group's members would be unable to make up the lost production. "We really cannot replace Iran's production - it's not feasible to replace it," Abdalla Salem El-Badri, the OPEC secretary general, said during an interview.'

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