Iraq compromise on draft oil law apparently collapses
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BAGHDAD - A carefully constructed compromise on a draft law governing Iraq's rich oil fields, agreed to in February after months of arduous talks among Iraqi political groups, appears to have collapsed. The apparent breakdown occurs just as Congress and the White House are struggling to find evidence that there is progress toward reconciliation and a functioning government here.
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Lawmakers acknowledged that there were still many differences on a proposed law to manage the countryâs oil.
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The price of oil has fallen as fears about interruptions to supplies being pumped out of Iraq eased slightly.
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BAGHDAD, July 3 -- Iraq's cabinet has again approved draft legislation establishing a framework to manage the country's vast oil resources, Prime Minister Nouri al-Maliki said Tuesday, but has not yet acted on a potentially more contentious companion law that would govern the distribution of oil...
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Prime Minister Nouri al-Maliki's Cabinet approved a draft oil law and the Iraqi parliament was to begin debate on the measure Wednesday, a major sign of progress in a long-delayed political benchmark sought by the U.S. to boost reconciliation between Iraq's Sunnis and Shiites.
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Iraq's government submits a key bill on how to share the country's oil wealth to parliament, officials say.
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BAGHDAD, Iraq - Oil exports from southern Iraq have been brought to a complete halt, a senior oil official said Monday, following a spate of pipeline attacks launched by insurgents trying to undermine the volatile nation's interim government.    In Baghdad, military officials and representatives of rebel Shiite cleric Muqtada al-Sadr held talks Sunday aimed at reducing violence in the restive Baghdad slum of Sadr City...
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Tentative hopes for a revived peace process in the Israel-Palestinian conflict were shattered last night by the collapse of Ariel Sharon&#39;s parliamentary majority and the prospect
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Iraqi lawmakers met on Wednesday in an attempt to end a protracted standoff over the 2008 budget and other bills, which has led to some calls for parliament to be disbanded.
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BAGHDAD, August 27  - The hastily reached peace deal to defuse the crisis in Najaf is in fact a &quot;doomed truce&quot; as it left some very serious loose ends pertaining to the crisis and the situation in Iraq in general, analysts and observers
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Why EU-US talks on renewing a deal on the transfer of air passenger data collapsed.
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Plans for the U.S. Congress to  approve a landmark deal that would allow India to buy U.S.  nuclear fuel and reactors hit a snag on Wednesday when  Republican leaders in the House of Representatives halted  action on the legislation, congressional sources said.
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Oil prices tumbled on Monday after OPEC  producers agreed to keep crude output unchanged for now and  Iraq's elections passed without disruption to oil exports.
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Sunni Arab and Kurdish politicians and a powerful Shiite party said Wednesday they had not agreed to a draft bill to regulate the country's oil industry, raising the possibility of new delays in a major piece of benchmark legislation sought for months by the United States.
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A proposal floated by the US government and several prominient US senators Sunday to &#39;adjust&#39; the outcome of next month&#39;s election in Iraq to ensure more Sunni representation has been rejected by the Iraq Electoral Commission (IEC).
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A drafter of stalled Iraqi legislation to set ground rules for the country's oil policy said Tuesday "there is no sign of a compromise" that would lead to final approval by the parliament.
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A draft law allowing Iraq's oil revenues to be split between ethnic groups is sent for a vote in the country's parliament.