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Page added on April 23, 2006

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Iran deals two blows to U.S. at global oil talks

Iran struck two blows against the United States on Saturday — closing in on a gas deal with Pakistan and India that Washington opposes and promising non-U.S. oil customers to keep its exports flowing.

Iranian Oil Minister Kazem Vaziri made the announcement at talks here between the world’s energy producers and consumers aimed at bringing down oil prices from a record $75 a barrel — their highest level in real terms for 25 years.

Reuters



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