Oil states plan weapons buying binge
DUBAI, United Arab Emirates --Deep fears about the war in Iraq and growing tension between the United States and Iran are driving the wealthy oil states of the Persian Gulf to go on shopping sprees for helicopters, ships and tanks, officials say.
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That ought to push the price of oil even higher while making the weapons makers almost as rich as the oil companies.
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That ought to push the price of oil even higher while making the weapons makers almost as rich as the oil companies.
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