Iran's retreat from the anti-American orthodoxy of the late Ayatullah Ruhollah Khomeini accelerated last week. At the opening session of an international oil conference in Isfahan, President Hashemi Rafsanjani called for increased economic and political cooperation with the West and better relations with Iran's gulf neighbors. The overture was fueled largely by the need on the part of Tehran for foreign help to rebuild after its debilitating eight-year war with Iraq, which ended in 1988, as well as for long-term, reliable customers for its oil. Last year Iran launched a five-year campaign to attract $27 billion in foreign investment. So far,...
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