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Saturday, December 5, 1998 Published at 23:45 GMT World: Middle East Iran proposes oil deal Iran is reported to have proposed co-operation with Saudi Arabia to stop the plummeting world prices for oil. The Saudi press agency said President Khatami sent a letter to the Saudi government giving details of the proposal. It also said President Khatami rejected assertions in a conservative Iranian newspaper Jomhuri Islami that Saudi Arabia was to blame for the oil price crisis. From the newsroom of the BBC World Service |
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