The Financial Times reports that almost the members of Opec want an emergency meeting due to the drop in oil prices. Their plan: curb the bleeding.
“Iran, Libya, Nigeria, Iraq, Venezuela and Ecuador, whose economies tend to be most dependent on high oil prices and whose ministers are among the most hawkish of the 13-member group, have all lobbied for the cartel to drop output.”
Read the entire story here.
‘Cause those countries that hate the West really need to keep their coffers full so they can build up their nuclear arsenals.