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/ 27 October 2007

Oil price hits record high on Iran tensions

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

Turkey sends more troops to Iraqi border

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 quitting Iraqi city of Basra

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.