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By CSPANJunkie Saturday Dec 27, 2008 8:01pmDecember 26, 2008 News Corp
December 26, 2008 News Corp
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Western concerns about global energy markets hit new heights last night when Russia, Iran and Qatar said they were forming an Opec-style gas cartel. The move by the three countries, which control 60% of the world's gas reserves, was met with immediate opposition from the European commission, which fears the group could drive up prices.