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Report: Iraqi Oil Deal Breaks Down

HeadlineSep 13, 2007

The New York Times is reporting a long-negotiated deal over a new Iraqi oil law has apparently collapsed. The breakdown reportedly centers around a disagreement between Cabinet members in Baghdad and Kurdish government officials in the north. Iraqi Kurds have already reached a series of deals with foreign oil companies in their oil-rich province. The apparent collapse comes amidst a new White House effort to convince lawmakers U.S. goals in Iraq are being achieved. Pushing through a new oil law has been high on the list.

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