Russia-Georgia War Still Not Causing Major Oil Market Disruptions

The oil markets continue to largely ignore the Russian-Georgian conflict as oil is up barely a dollar and sits just above $116.

Exports are being disrupted from the region, a key transit route for oil and gas from the Caspian. However, it appears traders are now more concerned with global economic weakness.

See Also:
Oil To $116: Traders Yawn at Georgia-Russia War

 

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