US has no legitmate right to Iraqi oil and lifting of sanctions must wait, say neighbours
“The US-led forces that invaded Iraq had no right to exploit its oil and UN sanctions on Iraq should end only when it has a legitimate government, Saudi Foreign Minister Prince Saud al-Faisal said on Saturday.“
The reason the US wants sanctions immediately lifted, and the reason other countries want to wait is because the US has said they will use Iraq oil to pay for the “rebuilding” of the country, money which will go directly those US corporations like Halliburton and Betchtel who are waiting like pigs at the trough for the money.
“Speaking after a meeting of eight regional states on post-Saddam Hussein Iraq, he said the invading forces must reestablish security and withdraw as soon as possible, allowing Iraqis to form their own government.
The group of eight â€“ including all six of Iraqâ€™s neighbours â€“ have been meeting in Saudi Arabia on a day marked by huge anti-American demonstrations throughout occupied Iraq.”