US downplays, denies Iranian offer of oil swaps with Iraq

The US has downplayed an Iranian offer of oil swaps with Iraq, saying no such arrangements are in place or even envisaged as a means of assisting in the reconstruction of the war torn country.US Department of State spokesman Richard Boucher Oct. 27 said, "there is no such arrangement, no such swap arrangement with Iran at present. And as you know, we have a lot of concerns about Iranian behavior that would lead us to be concerned."Boucher added that, "there would be issues that would have to be examined with regard to any such arrangement with Iran." But he did not detail what particular issues would have to be dealt with before any swap arrangement could take place.Iranian Foreign Minist...

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