Author`s name Pravda.Ru

Presidential Economic Advisor on consequences of Iraqi war - Comments

In the event the Iraqi conflict lasts for 3-6 months, it will not influence the domestic oil market, Russian Presidential Economic Advisor Andrey Illarionov has told RBC. However, if the conflict lasts longer and Iraqi oil production facilities are destroyed, this might lead to some unfavorable consequences over the next 3-5 years, he said.

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