Iraqi oil awaits peace

Removal of 13-year-old sanctions by the United Nations Security Council on May 22 represents an important step for beleaguered Iraq. But it's only one advance among many yet to be made toward social and economic order. The UN's decision probably allows 9 million bbl of crude stored at Ceyhan, Turkey, to begin flowing into tankers. What's more important, it clarifies interim governing powers of the US, UK, and other partners in the war to depose former Iraqi President Saddam Hussein. It also provides for a role in the provisional authority by a UN special representative, a move that will help restore international comity.But a major hurdle remains. Although US President George ...

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