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Energy Blast - Oct 2, 2008

Russia’s stock market may be struggling, but its oil wealth reserves have just hit $189 billion. The US Senate has approved its ‘breakthroughcivilian nuclear deal with India. The global financial crisis could stunt the growth of nuclear plant production worldwide. The gas deal between Ukraine and Russia, to be signed today by Yulia Tymoshenko, is apparently aimed at showing Russian support for the Ukrainian government. The US is in talks with North Korea to attempt to halt its nuclear program. How Russia’s Energy Minister plan to increase Russian influence over world oil prices?

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