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Middle East - Terrorism and oil - a bad combination.
(From Reinsurance)
Mention the Middle East to most people and one of the first things that comes to mind is the regions' incredibly rich oil sector. The second thing that many people then think of is often terrorism. Sadly, the two are now linked.
The very nature of oil and gas means that these are highly tempting targets for anyone with an appetite for destruction. Easily flammable, it doesn't take much to convert a small initial explosion into a massive conflagration that could do a vast amount of damage.
The presence of literally hundreds of oil and gas pipelines, as well as refineries and terminals where tankers load and unload these ...
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