Terrorists attack Iraq's Persian Gulf terminals

The vulnerability of Iraq's oil export revenues was exposed Apr. 24 at 5 p.m. local time when suicide attackers detonated three explosive-laden boats near the country's southern export facilities of Basra and Khor al-Amaya, killing two US Navy sailors and one US Coast Guardsman.According to a shipping source, no tankers berthed at the terminal or at anchorage at the pilot stations were damaged. Security at the terminal and surrounding areas, however, remains tight, with coalition forces personnel in the area, according to local information. The Basra terminal was reopened late Apr. 25.Oil prices pushed upwards in early trading on Apr. 26 in London as traders reacted nervously to n...

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