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French Energy Giant Drops Iran Gas Project

Bush victory as Total pulls investment in oil field development

By Jason Farago,  Newser Staff

Posted Jul 10, 2008 11:32 AM CDT

(Newser) – French energy giant Total, the last major Western energy group that planned to invest in development of Iran's huge natural gas fields, is dropping out of the project, the Financial Times reports. The turnabout is a victory for the Bush administration's efforts to isolate Iran...   Read full story »

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