Iran's oil diplomacy frustrates U.S. policy
Washington's goal of isolating the Islamic Republic stands in conflict with its aims in Iraq, Pakistan and India
By Will Rasmussen and Nora Salim
Daily Star staff
Friday, July 15, 2005
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With yesterday's announcement of a landmark oil and power agreement with Iraq, Iran is on the move diplomatically. Under the deal with Iraq, the two countries will swap refined oil for crude oil and connect their electricity grids. Also this week, Iran secured "serious commitment" from India and Pakistan for a $4.5 billion pipeline deal carrying.
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