OPEC secretary general: We can't make up for oil shortage if Iran attacked

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July 10, 2008 17:18

 
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OPEC cannot replace any shortfalls if Iran is attacked and its crude is taken off the market, Abdalla Salem Badri, the secretary general of the oil producing group said Thursday. Speaking at OPEC headquarters in Vienna, Badri also said that OPEC had no contingency plans to produce more if Iran is attacked. Iran is OPEC's second-largest oil producer. Both the United States and Israel have not ruled out a military strike on Iran as a last option if it does not give up uranium enrichment and heed other UN Security Council demands meant to dispel the fear Tehran wants to make nuclear arms.

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