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/ 27 October 2007
World oil prices surged to historic highs on Friday, breaching $92 for the first time in New York amid rising tension in crude-rich Iran and tightening United States energy supplies. New York’s main futures contract, light sweet crude for delivery in December, soared to a record intraday high of $92,22 per barrel.
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/ 26 October 2007
Turkish helicopters ferried more troops to the border with Iraq on Friday as diplomatic efforts got under way in Ankara to avert a major offensive against Kurdish guerrillas based in northern Iraq. Turkey has massed up to 100 000 troops along the mountainous border before a possible cross-border operation to crush about 3 000 guerrillas of the outlawed Kurdistan Workers’ Party.
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/ 3 September 2007
British troops were quitting the southern Iraqi city of Basra overnight in a move that will end the British presence in the oil hub for the first time since the United States-led invasion that toppled Saddam Hussein in 2003. The pull-out is another step towards handing over Basra province to Iraqi control and paving the way for an eventual withdrawal of British forces from Iraq.