FBC Cavuto June 13, 2014
It could last, this is one of the most serious situations and threat to middle eastern oil in quite a long time. The bottom line is iraq had been producing close to exporting close to 3. 5 Million Barrels a day, a very highquality oil and its going to be very difficult to replace that oil. Early r theyre trying to produce oil but with terrorists surrounding refineries in Oil Production facilities, you know, how reliable thats going to be, remains to be seen. Right now seems to be spilling over into other parts of the country. Iran is talking about sending their military in. Turkey is calling f...