U.S. auditors of Iraq reconstruction see potential and roadblocks in increased oil production and prices…

Plus: *Iraqi and U.S. dockworkers to stage May Day anti-war strikes *Shahristani: Iraq to fast-track bidding round, giving majors last chance at TSAs *Sunni families threatened find refuge in Shiite neighborhood *Iraq Press Roundup *Much more… Higher exports and oil prices are bringing in record revenue for Iraq, but the lack of institutional capacity to [...]

U.S. Congress to Iraq: Pay our war expenses with your oil revenue

Iraqis would be forced to pay for U.S. efforts in their country directly or via loans from the United States if any of at least five similar pieces of legislation introduced on Capitol Hill this month is approved. This comes as Americans deal with -- and politicians respond to -- an unpopular and expensive war, [...]

Iraqi-born Ayatollah bans attacks on Iraq oil sector…

Plus: *Shell CEO confirms ready to help Iraq oil *Who controls Iraq’s oil? *Battles of Basra and oil *Violence deaths up in Iraq *Iraqis resent Green Zone Lebanon's top Shiite cleric Grand Ayatollah Mohammed Hussein Fadlallah has issued a religious edict banning attacks on Iraq's oil industry and other public infrastructure, Naharnet reports. Fadlallah also [...]

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