Iraq Conflict Once Again Highlights Airlines's Vulnerability To Oil Price Rise |
| June 14, 2014 | June 2014 Bond Updates |
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With the conflict in Iraq threatening to impact oil exports from the country, global oil prices jumped because Iraq is the second-largest oil producer in the Organization of the Petroleum Exporting Countries. We figure if this jump in global crude oil prices persists over the next few weeks, then it will seriously impact the second quarter profits of U.S. airlines. |
| View more at: http://www.forbes.com/sites/greatspeculations/2014/06/13/iraq-conflict-once-again-highlights-airliness-vulnerability-to-oil-price-rise/ |
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