Word: crudes
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...China, sanctions represent a slippery slide to confrontation. Iran is unlikely to change its position in response to the limited sanctions that will probably be adopted, and it knows that the international community is unlikely to risk the impact on world oil prices of cutting off Iran's crude exports. Many diplomats fear that moves to isolate Iran will harden the position of its regime, and make military confrontation more likely...
That first detection of the remnants of the Big Bang was crude, but a series of increasingly sophisticated instruments, culminating in the Wilkinson Microwave Anisotropy Probe (WMAP) satellite in 2003, have laid bare the structure of the 400,000-year-old cosmos--only a few hundred-thousandths of its present age--in surprising detail. This was the baby picture Loeb referred to. At that point, the universe was still a very simple place. "You can summarize the initial conditions," says Loeb, "on a single sheet of paper." Some regions were a tiny bit denser than average and some a little...
...grim reality of life here before the 1997 election of the liberalizer Mohammad Khatami. The difference today is the sporadic and velvet-gloved implementation of the old codes. Instead of announcing new bans or dispatching morality police onto the streets of Tehran to harass and arrest young people - the crude, classic measures that fomented much anger and discontent - the system is employing more subtle means that seek to make Iranians themselves, instead of uniformed agents of the state, the enforcers...
...doubts that Venezuelan President Hugo Chavez is a brilliant politician. But the controversial leader who loves to pick fights with the U.S. has also been a fortunate one - not just because he's presiding over the highest crude prices his oil-producing nation has ever enjoyed, but also because his opposition has proven to be one of the most incompetent and fractured in the hemisphere...
...directed. Today the family is trying to get the Bush Administration to pull the U.S. visas of execs from the European, Canadian and South American oil firms that operate on their property today, hoping to leverage some financial settlement from them. With billions of barrels of potential new Cuban crude reserves being discovered now, that effort has taken on a new urgency. "We're not seeking the whole cake," says the deceased Jose Ignacio de la Camara's son, Francisco, 74, of Miami. "Just our fair share...