Amid Nuclear Dispute, Israel, Iran Face Off Over Oil Ties

As Israel loudly and publicly denounces Iran and its nuclear program this week, the two countries are quietly tussling in a decades-old dispute over a secretive oil pipeline company that could be worth billions of dollars to Tehran. In a Swiss court, lawyers for each side are locked in arbitration over the Eilat-Ashkelon Pipeline Co. (EAPC), a joint venture set up in 1968, when the two nations were friendly, to transport Iranian oil to the Mediterranean. For a decade, the pipeline...

© La Voix de l'Amérique - mardi 3 mars 2015