OPEC Tug of War

In this file photo of Friday, July 17, 2009, an Iraqi worker operates valves at the Nahran Omar oil refinery near the city of Basra, 340 miles (550 kilometers) southeast of Baghdad, Iraq. Iraq’s rapidly expanding oil production is likely to complicate OPEC’s efforts to influence world prices as the country re-emerges as a major player after 20 years on the sidelines due to sanctions and strife. <AP/Newsis>

news@theasian.asia