too funny...let the spin on this one begin...
http://money.cnn.com/2007/04/05/news..._oil/index.htm
Despite claims by some critics that the Bush administration invaded Iraq to take control of its oil, the first contracts with major oil firms from Iraq's new government are likely to go not to U.S. companies, but rather to companies from China, India, Vietnam, and Indonesia.
First, less constrained by Western sanctions during the Hussein regime, they've been operating in Iraq and know the country's oilfields....
looks like the sanctions worked against us?