Between the Arabs and the Persians.

I do think that the current oil prices reflect the use of Saudi Arabia’s “oil weapon,” except instead of wielding it by forcing prices up (OPEC no longer has the clout to do that unilaterally) they’re forcing them down and starving Iran (not to mention Venezuela) of oil revenues. In fact, I’d be surprised if this wasn’t one of the things that Secretary Rice discussed with them a few weeks ago.