Yemen unrest halts oil production

Yemen has stopped producing oil because of internal strife, a government official said today, plunging a nation that is already the Arab world’s poorest into further economic decline.

Yemen unrest halts oil production

Yemen has stopped producing oil because of internal strife, a government official said today, plunging a nation that is already the Arab world’s poorest into further economic decline.

Yemen was producing about 290,000 barrels of oil a day, a small amount in global terms, but income from the sales has provided funds for about three-quarters of the budget of President Ali Abdullah Saleh’s government.

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