Sudan and South Sudan move towards ending oil row
Source: The Guardian
Sudan claims it has reached a deal with South Sudan on oil transit fees, a first step towards ending a row which had brought the hostile neighbours close to war, but also said it wanted a border security agreement before oil flows resumed.
The shareout of oil revenues was one of the biggest issues left unresolved when South Sudan became independent in July last year, under a 2005 agreement that ended decades of civil war, and fighting along the ill-defined border pushed them close to war in April.
US Secretary of State Hillary Clinton said the oil agreement showed a "new spirit of compromise on both sides", with President Barack Obama saying the two countries should build on the momentum to resolve their remaining border and security issues.
Read more: http://www.guardian.co.uk/world/2012/aug/04/sudan-south-sudan-oil-row
