New Iraq strategy: US president should disclaim oil interest
By Pat Reber Dec 7, 2006, 10:23 GMT
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Iraq Study Group Co-chairmen James A. Baker (L) and Lee Hamilton confer during a news conference about the study group's findings on Capitol Hill in Washington Wednesday 06 December 2006. The bi-partisan commission released their written report Wednesday of their nine-month look at the situation in Iraq. EPA/JONATHAN ERNST
Washington - The US president must make clear to the world that Washington is not seeking to control Iraq's oil wealth, part of a new strategy to avert political and economic chaos in the country, according to a much-awaited bipartisan report.
In sweeping terms, the report released Wednesday presented a sobering picture of a country riven by sectarian violence and nearly beyond 'the ability of the United States to influence events.'
It urged US President George W Bush to change course in Iraq, calling for diplomacy with foes Syria and Iran and a possible pullout of most US combat troops by early 2008 to help reverse a 'grave and deteriorating' situation.
But the report, called The Way Forward - a New Approach, also focussed on details like those in the oil sector, where corruption, not terrorist acts, was blamed for much of the 200,000 to 500,000 barrels of oil a day that are stolen or go missing.
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