US-IRAN NUCLEAR WRANGLE COULD MEAN LOSS OF JOBS
Derby Telegraph
BY ANDREW HIBBERD
09:30 - 20 April 2006
Jobs could be lost in Derbyshire unless the US makes clear its intentions over Iran. Fears that America could launch military action against the country over its stance on nuclear development are driving up the cost of petrol and diesel in the UK. The cost of crude oil has gone up by US$10 (£5.60) a barrel to a record US72.2 (£40.40) over the past four weeks. Forecourt fuel prices, as a result, have soared close to the record levels seen after Hurricane Katrina wreaked havoc on oil fields in the Gulf of Mexico in the autumn. Diesel, already averaging over 97p a litre nationally, is expected to rise above £1 a litre before the summer. Petrol, currently over 94p a litre, is expected to brush £1 a litre but not to go over…