The low oil prices are not completely due to relative calm in the region. This is a very small part of it as the Iraq war was not the major reason in the raising oil prices. The more powerful factors were
1. skyrocketing demand in Asia [China, India, Korea etc] due to booming [although on weak foundation] USA economy and imports
2. Speculators` hasty actions
Right now the USA economy does not seem to recover quickly to the demand levels of the past years, therefore your theory is far from being perfect.
However I must say that Russians and Iranians will always find a sucker like Recep tayyip Erdogan to buy their natural gas for the highest prices in the world just like mayor of Ankara I. Melih Gokcek paying outrageous prices for counters. You better clean your house soon. [The recent polls indicate a weakening in the AKP votes. Good luck - bol sanslar] |
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