The spoils of war…

Oil shortage rocks markets.
Oil prices climb 4% as the Iraqi conflict removes supply from the market while stock markets remain weak. [BBC News | Front Page | UK Edition]

Intersting thought: In a post war Iraq a leader will be in place who could be sell the 25% of the worlds oil contained beneath Iraq to the US cheaper than ever before. What’s more, this person will be in a position to influence OPEC to do the same.