Iraqs largest oil refinery shut down Wednesday amid ongoing fighting between military forces and insurgents with the Islamic State in Iraq and Syria. The Beji refinery accounts for a quarter of the countrys refining capacity, and the shutdown showcases how the economic effects of the crisis may quickly spiral. Ameera David RT News discusses the potential economic impacts of the fighting with Peter Schiff, president of Euro Pacific Capital.
Posted on: Thu, 19 Jun 2014 00:32:15 +0000
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