OPEC: the situation in Iraq has affected the price of oil than around Ukraine

The situation around Ukraine has less of an Effect on the price of hydrocarbons on the world market than the aggravation of confrontation in Iraq, told reporters the head of OPEC Abdullah El-Badri on the sidelines of the World petroleum Congress.

" The situation with Ukraine, has developed two to three months ago. It is immaterial impact on oil prices. In General, the Market is stable, only the last two or three days on it observed excitement over Iraq. Impact (event - editor) in Iraq on the Market is stronger than in Ukraine. The market is troubled because of Iraq, " said the head of OPEC, and expressed hope for a quick normalization of the situation in both countries.

According to the head of the organization, current Ukrainian crisis is a local problem." I heard from the Russian leadership that the situation will affect only Ukraine on gas supplies to other European countries it will not have an Impact, this is a local issue, " - said El-Badri.

The situation in Iraq very quickly deteriorated in the beginning of summer, when the insurgents of a grouping " Islamic state of Iraq and the Levant " seized large cities of Mosul and Tikrit and told about the intention to expand the offensive on Baghdad. Iraqi soldiers fled these areas under the pressure of the forces of extremists, most military were captured, some beheaded by the militants. Last week the head of Barack Obama said that Washington does not want " to send troops back to war in Iraq, but said that the White house is considering other forms of assistance to the Iraqi authorities.


sections: Politics