Weak dollar caused 30 percent of oil price rise: Iran http://uk.reuters.com/article/businessIndustry/idUKL27987120080804
Sat Aug 2, 2008 COLOMBO (Reuters) - The falling value of the dollar is to blame for around a third of the rise in the price of oil, Iran's Foreign Minister Manouchehr Mottaki said on Saturday. "Thirty percent of the increase (in the price) of oil is because of the decrease in the value of the dollar," he said on the sidelines of the South Asia Association for Regional Cooperation (SAARC) summit in the Sri Lankan capital Colombo. http://uk.reuters.com/article/businessIndustry/idUKL27987120080804 _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
