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View Full Version : Mideast grapples with oil price slump (AP)



Yahoo! Finance
10-14-2008, 03:30 PM
<b>Yahoo! Finance: Commodity News</b>

Vast, oil-fueled budget surpluses may cushion some of the Mideast's major oil-producing countries now that crude prices have plummeted. But Iran, Iraq and a handful of other nations face daunting challenges to make up the money in coming months because of the price drop and global financial crisis.

complete story here... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/081014/ml_mideast_the_oil_pinch.html?.v=1)