WATCHING THE WORLD: The Russians are coming

Scenario planners around the world are carefully considering their options when it comes to securing supplies of oil. Indeed, without being dramatic, one can see some very worried planners around the globe. Consider Iran. Last week, Iranian President Mahmoud Ahmadinejad invited China, Russia, and other Central and South Asian nations to convene a special meeting to boost energy cooperation.Speaking at an open session of a gathering of a regional group, Ahmadinejad suggested that energy ministers from the 11 nations meet in Iran “to explore more effective ways of cooperating.”The group, known as the Shanghai Cooperation Organization, began a decade or so ago by dealing with bor...

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