MIDDLE EAST: The Happy Hand-Over

Rusting and broken pipelines and stretches of barbed wire litter the sand around the deserted town of Ras Sudr, once a dusty bedroom community for Egyptian and foreign workers at the nearby oilfields. The wells of Ras Sudr produce only 3,000 bbl. of crude a day−a trickle by Middle Eastern standards and only a fraction of the 75,000 bbl. daily pumped out of Abu Rudeis. But the desolate, cactus-covered patch of desert with its huddle of workers' decaying cottages has a considerable symbolic importance. Under the second Sinai accord worked out last...

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