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Over growing protests from Iran, Russia has decided to draw a fine line in the Caspian Sea to enable oil companies to drill, but avoid the legal problems of setting up national sectors in the sea. The Russian strategy is also to settle the status of the northern Caspian oilfields without antagonizing Iran, by pressuring [...]

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The haste with which President George Bush announced this week’s arms control treaty with Russia -minutes after negotiators for the two sides claimed to have been working on the text, and days before they had finished work on the side document on missile defense – must have been embarrassing for President Vladimir Putin, The disclosure [...]