Chavez: US-Iran conflict would drive oil price
Chavez: US-Iran conflict would drive oil price
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Age: 29
Position: Midfield
Country: Germany
Caps: 63
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Club: Chelsea
Previous clubs: Chemnitzer, Kaiserslautern, Bayer Leverkusen, Bayern Munich
In his own words: It's all or nothing, but that's what we've been expecting all along. |  |
Tuesday, 16, May 2006 08:03
Venezuelan president Hugo Chavez warned that oil prices would surpass $100 a barrel if war is declared against Iran.
Speaking at City Hall in London alongside mayor Ken Livingstone, the left-wing leader labelled US president George Bush "a genocidal assassin" and "the worst criminal in humanity".
"I know you men and women in London, whatever you are paying for a gallon of petrol it would be more," he said.
"The situation would be destabilised against the whole world and that is why we want peace."
The president offered to supply poor Britons with cheap heating oil in the winter in a deliberate bid to embarrass the Blair government.
"We have investments here in two refineries in the UK, maybe we could use these refineries to help in some way the most needy people here in London and Great Britain," he said.
"Above all in winter when the prices go up a lot and there could be people that can't pay when the temperatures go down.
"We are doing it in the United States for thousands of people."
The radical Latin American leader sold almost 40 million gallons of discounted heating oil to the US last winter.
Some 181,000 households and hundreds of homeless shelters in eight US states joined the programme led by Citgo Petroleum, the US retailing unit of state oil firm Petroleos de Venezuela.
Venezuela's state-owned oil firm PDVSA owns a quarter of the 27,000 barrels per day (bpd) Eastham plant in north-west England, and half of the 12,000 bpd plant in Dundee, Scotland.
