Turkish troop movements into N. Iraq raise oil prices past $71 in London

DEBKAfile Intelligence

June 6, 2007

Analysts are concerned that Iraqi Kurdish resistance could spark a larger Turkish cross-border operation and further destabilize oil production in northern Iraq.

The US Navy reported Iran is increasing its fleet of small attack boats capable of striking at warships and disrupting oil traffic in the Gulf oil export chokepoint in the Strait of Hormuz.