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Business Daily: Iraq: Conflict and Oil

16/06/2014

Iraq: Conflict and Oil

BBC World Service - Business Daily, Iraq: Conflict and Oil

What might a new Iraq conflict mean for global oil, and what can anyone do about it?

Mounting violence in Iraq is getting the world's politicians and markets very anxious. The oil price has started rising. What might a major sectarian conflict mean for global oil? We hear from Amrita Sen, chief oil analyst at the consultants Energy Aspects. 

We also look at business initiatives to restore confidence in Nigeria's northern schools, after the abduction of 200 school girls there. Sarah Brown tells us about efforts to combat the problem. She is the head of the charity, Global Business Coalition for Education, which seeks to harness support from businesses for children in developing countries. She is also the wife of Britain's former Prime Minister, Gordon Brown. And, Justin Rowlatt reports on the UK's bicycle-making industry - a burgeoning trade that some thought had died a few years ago.

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