(S (S (NP (BASENP (DT The) (NN analyst)) (PP (IN at) (BASENP (NNP Man) (NNP Financial)))) (VP (VBZ believes) (SBAR (S (NP (BASENP (DT the) (NN threat)) (PP (TO to) (BASENP (DT the) (JJ Iraqi) (NN oil) (NN industry)))) (VP (VBZ is) (ADJP (ADJP (JJ political)) (CONJP (ADVP (RB as) (RB well)) (IN as)) (ADJP (JJ physical)))))))) (PERIOD .))