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Trend-Setting Iran-Conoco Deal For Upstream Oil Development Runs IntoPolitical Storm In Washington

"It seems that the threat of veto has now moved from Tehran toWashington," was the acerbic comment of one veteran oilman whencontemplating the political hullabaloo in Washington about the upstream oildevelopment deal initialed last week between Iran's NIOC and Conoco of the US.The deal was castigated by Presidential Press Secretary Mike McCurry as"inconsistent with...