JAKARTA, Jun 27, 2003 (Kyodo via COMTEX) – An international forest research center released a report Friday warning that the possible flooding of Iraqi oil into the world market could contribute to the devastation of global tropical forests. "The prospect of Iraqi oil flooding the world market over the next few years and pushing down gasoline prices is music to the ears of consumers," Sven Wunder, economist at the Indonesia-based Center for International Forestry Research (CIFOR), said in the report.
