(UPI/Washington Times) Martin Sieff - Increasingly warm and effective cooperation has slowly built up between Riyadh and Tehran ever since shrewd Crown Prince Abdullah and the Islamic Republic of Iran five years ago quietly concluded an epochal agreement to mutually limit oil production in order to boost global oil prices and therefore revenues for both of them. Global oil prices are now four times the level they were then. That agreement resulted in increased Saudi-Iranian cooperation in many other areas.
2004-07-16 00:00:00Full ArticleBACK Visit the Daily Alert Archive