Warns even rogue Iranian attack would have 'serious consequences'
(NEWSER) - OPEC should start producing more oil, President Bush told Saudi Arabia’s King Abdullah today, or it risks damaging “consuming economies,” like the US. Bush said high oil prices were reducing consumer purchasing power, and said more supply “would be helpful.” He also warned Iran to avoid another Strait of Hormuz incident, saying any attack on US ships would have serious consequences. More»
