Oil woes at top of year’s list of troubles

The rising price of oil could hurt the fragile global economy this year. Widening sanctions on Iranian oil exports will put pressure on European economies, especially the more vulnerable countries of Greece, Italy and Spain, who import most of their oil from Iran. Read related article.

The rising price of oil could hurt the fragile global economy this year
Sources: Bloomberg, International Energy Agency; Lloyds/Apex. The Washington Post. Published on January 14, 2012, 8:21 p.m.
 
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