Russian assault on Georgia: it’s the oil, stupid!
Oil prices surged Aug. 11 on concerns that fighting between Russia and Georgia could threaten the Baku-Ceyhan pipeline. Crude was up by $1.19 to $116.39 a barrel in New York. It rose $1.81 to $115.14 a barrel in London. (London Evening… Read moreRussian assault on Georgia: it’s the oil, stupid!


