Christoph
08-01-07, 15:43
LONDON -- As the United States wages a very public battle against Iran's quest for nuclear power, Washington quietly is gaining ground on another energy front: the oilfields that are the Islamic republic's lifeblood.
Iran's oil industry has raked in record amounts of cash during three years of high oil prices. But a new U.S. campaign to dry up financing for oil and natural gas development poses a threat to the republic's ability to continue exporting oil over the next two decades, many analysts say.
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http://www.courant.com/news/nationworld/hc-iran0108.artjan08,0,3176986.story?coll=hc-headlines-nationworld
Iran's oil industry has raked in record amounts of cash during three years of high oil prices. But a new U.S. campaign to dry up financing for oil and natural gas development poses a threat to the republic's ability to continue exporting oil over the next two decades, many analysts say.
......
http://www.courant.com/news/nationworld/hc-iran0108.artjan08,0,3176986.story?coll=hc-headlines-nationworld