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For months, the US press and policymaking elite have portrayed the crisis with Iran as a two-sided struggle between Washington and Tehran, with the European powers as well as Russia and China playing supporting roles.
It is certainly true that US President George W Bush and Iranian President Mahmud Ahmadinejad are the leading protagonists in this drama, with each making inflammatory statements about the other to whip up public support at home.
But an informed reading of recent international diplomacy surrounding the Iranian crisis suggests that another equally fierce - and undoubtedly more important - struggle is also taking place: a tripolar contest among the United States, Russia and China for
domination of the greater Persian Gulf/Caspian Sea region and its mammoth energy reserves.
(Excerpt)
Complete Article - Asia Times Online