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Houston, we have a Yukos problem
By Pepe Escobar, Asia Online Times
BRUSSELS - The crucial consequence of Moscow's campaign to nail Yukos, the country's leading oil producer, is the end of any possible energy alliance between Russia and the US, according to European Union diplomats and officials.
Yukos' former golden boy, chief executive Mikhail Khodorkovsky, languishing in jail since October 2003, was President George W Bush's and Vice President Dick Cheney's man. But way beyond his personal fate, it is the symbol of the fall of Yukos - no hope of cheap Russian oil for America and extra profits for ExxonMobil, ChevronTexaco and ConocoPhillips - that is really rattling markets and driving oil prices higher. .......
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