Oil hits new record – answers
news bulletin – answers
Oil hits new record
questions
- What has been hurled? a major spanner
- What does this mean? something has been upset or thrown off balance (to throw a spanner in the works)
- How much oil is supplied from the closed pipeline? almost half
- Who is reassuring the public about the oil shortages? the government
- How long is it since a strike closed a British refinery? more than 70 years
- What verb is used to describe ‘supply side worries’? to stoke (i.e. to intensify)
- How much is US light crude? almost $120
- What is just behind this? Brent crude
- What other two factors are driving prices higher? militant unrest in Nigeria and Iran’s alleged nuclear programme.
- Who warned about ‘painful consequences’? the Iranian Foreign Ministry