The Energy Angle of the Cyprus Crisis

Cyprus could be a test. Lessons learned from Cyprus could frame the options considered for other troubled states. The leverage is energy.

Cyprus sits near one of the world's newest discoveries of oil and natural gas. The U.S. Geological Survey estimated that the newly discovered oil and gas basins shared by Egypt, Israel, Cyprus, Lebanon, Syria, Turkey and Greece contain at least 122 trillion cubic feet of natural gas and 1.7 billion barrels of oil....695 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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