Check this out. http://www.nytimes.com/pages/business/index.html
Many people are suffering from the high oil prices and the threats from Iran especially Europe, but thanks to Russia that is no longer a problem if you are willing to pay. With petroleum oil similar to that of Iran, Russia can sell its oil to those countries who have been cut off from Iran and to those who don't want Iran's oil. Also with Europe's embargo act on Iranian oil it is looking like a victory for Russia as a world leader in oil supply.
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