Oil goes missing in Iraq
Iraq: 7 hours, 36 minutes ago
As much as $15m worth of oil goes missing every day in Iraq according to the AFP citing the New York Times. The newspaper, referring to a US government report, said the amounts correspond to up to 300,000 barrels per day of Iraq's declared oil production over the past four years. It is thought corruption, smuggling and insurgents are all to blame for the disappearance.