http://www.bloomberg.com/apps/news?pid=10000087&sid=ar4D7HVGikXo&refer=top_world_newsMay 1 (Bloomberg) -- President George W. Bush, already weakened at home by the soaring cost of oil, is finding that it's also eroding his ability to achieve his foreign-policy goals.
``It's a geopolitical nightmare,'' says William Cohen, a former Republican senator from Maine and defense secretary under President Bill Clinton who is now chairman of the Cohen Group, a Washington-based consulting firm. Such nations as Iran, Russia and China ``don't see us as the colossus that can cause them any harm, either by our economy or by our prestige.''
Record-high energy prices are weakening Bush's prospects of assembling an international coalition to counter Iran's nuclear ambitions. They are diminishing his chances of influencing energy-rich nations such as Russia and isolating troublesome ones including Venezuela and Sudan. And they are straining U.S. economic and diplomatic ties with China, whose oil needs are skyrocketing.
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It isn't only oil producers that are ignoring U.S. wishes. China, the world's second-largest consumer of petroleum products behind the U.S., is seeking energy resources wherever it can find them. That includes negotiating for investments in nations such as Iran, Nigeria and Sudan, where Bush is seeking to improve human rights and push democracy.
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The Bush administration is having difficulty with Russia even though the U.S. buys little oil or natural gas from the country, says Jim Goldgeier, a professor of international affairs at George Washington University in Washington.
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