This is the first time that the changes sweeping the Arab world have hit a major oil producer and there are now fears that the spike in oil prices could hurt the fragile global economy. While Libya only produces two per cent of world oil production, 85 per cent of that is sent to Europe. Al Jazeera’s Nick Spicer reports from Berlin.
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on February 23, 2011. Filed under News, Politics, Video, World News.
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Posted by
on February 23, 2011. Filed under News, Politics, Video, World News.
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