It appears that U.S.'s so-called "allies" in the Middle East are willing to eat yellowcake from the same plate as Iran. Says Prince Said al-Faisal:
We have proposed a solution, which is to create a consortium for all users of enriched uranium in the Middle East...(We will) do it in a collective manner through a consortium that will distribute according to needs, give each plant its own necessary amount, and ensure no use of this enriched uranium for atomic weapons,
The U.S. is being sidelined:
The U.S. is not involved, but I don't think it (would be) hostile to this, and it would resolve a main area of tension between the West and Iran...
Looks like our allies are trying to cozy up to the Iranians. Where does that leave our allies the Israelis? In a very difficult spot of bother. How has the U.S. responded to this Saudi-led overture to the Iranians? With nothing...yet.
(H/T: Auspundits' contributor, Polar Bear)
Update 03/10/2007 11AM AEST: Iran accepts the offer whilst claiming that the idea was initially theirs. Still no response from POTUS or State. And haven't seen anything from the Israelis either.