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Monday, December 31, 2018

Plunge in oil prices threatens Iraq's postwar recovery


Plunge in oil prices threatens Iraq's postwar recovery



The latest plunge in oil prices has dealt a heavy blow to Iraq's stagnating economy, threatening the new government's ability to rebuild after the war with the Islamic State group and provide basic services to areas roiled by recent protests.

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Petrol and diesel prices hit highest since 2022

The cost of filling up a vehicle has rebounded, according to the RAC, as oil prices remain elevated. from BBC News https://ift.tt/rlLS8DK