Al-Yamani warns that attacking Iraq will increase oil prices

Saudi former oil minister Zaki Yamani has warned that any American attack on Iraq will result in a grave crisis and will raise oil price above USD 30 per one barrel.

News reports quoted al-Yamani as saying to the German weekly Die Tseit issued on Wednesday that if such an attacks will take place the Iraqi oil will disappear from the world market. Iraq produces 2.2 million barrels of oil every day.