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Tuesday, June 12, 2012

Falling Oil Prices Prompt Russian Economic Fears.

Will this be enough to get a Russian 'aye' to the attack on Iran? 

 Published on Jun 11, 2012 by VOAvideo : Oil prices have shown a steady fall in the last few months, prompting fears that the Russian economy, which relies heavily on energy exports, could suffer. Meanwhile, new sources of oil are coming on line and helping to drive down the price at the pump. VOA's Henry Ridgwell takes a look at the state of the global oil market at a precarious time for the world economy.