Monday, March 3, 2008

Venezuela's War Talk Suggests More Trouble For Andean Oil

Venezuela's President Hugo Chavez raised the possibility of a war between Andean neighbors Sunday in a heightening of political tensions that may spell trouble for the oil industries of two OPEC member nations. Venezuela and Ecuador, Latin America's members of the Organization of Petroleum Exporting Countries, could end up in a war against Colombia, Chavez warned, as he broke diplomatic relations with its neighbor and sent troops with tanks to guard the border.

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