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Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared Sandra Bullock steals show at People's Choice 12:41am EST CES-UPDATE 3-Microsoft CEO unveils new HP tablet 12:35am EST U.S. airliner attack could provide new intelligence 06 Jan 2010 U.S. fighter jets scrambled due to unruly passenger 06 Jan 2010 Schwarzenegger wants more federal money for California 06 Jan 2010 UPDATE 2-Vivus drug cuts apnea in small trial; shares jump 8:49am EST Pomegranate compounds may ease breast cancer risk 05 Jan 2010 Snowed-In Brits boost adultery website 06 Jan 2010 Johnson seen taking over as Senate banking panel chief 06 Jan 2010 Cellphones may protect brain from Alzheimer's 06 Jan 2010 Iraq, Iran start talks on disputed border area Waleed Ibrahim BAGHDAD Thu Jan 7, 2010 9:17am EST Factbox The Strait of Hormuz, key oil shipping route 8:40am EST Related News Iran unlikely to risk blocking Strait of Hormuz 8:22am EST BAGHDAD (Reuters) - Iran and Iraq have begun talks to try to resolve a dispute over an inactive oil well in a sensitive area along the nearly 1,500-km border between the two countries, their foreign ministers said on Thursday. World Iraq's Hoshiyar Zebari met Iranian counterpart Manouchehr Mottaki in a move to cool tensions between the neighbors after a small contingent of Iranian troops moved into an oilfield inside Iraqi territory last month and Iraq vowed it would not give up an inch of its land. Their comments at a news conference after the meeting made clear the essence of the dispute had not been resolved. Mottaki said Iranian troops had been told to withdraw "to their original locations," but Zebari indicated they had not moved far enough. "The Iranian troops brought down the Iranian flag and withdrew (only) to a certain distance," Zebari said. Zebari said the two sides had agreed to "normalize border conditions and put back things as they were." "We had a problem (over borders), and still the problem is pending and we want to resolve it," Zebari said. Asked if the United Nations could be asked to mediate the dispute, Zebari said: "There will be no need ... because we have bilateral solutions, to resort to the United Nations." The seizure of the well, which Iraq claims as part of its Fakka oilfield in southeastern Maysan province, triggered protests from Baghdad and jitters on world oil markets. A border dispute led to the eight-year Iran-Iraq war in the 1980s. Mottaki said the two countries were carrying out technical discussions on the dispute. The two sides said the talks would continue in the coming weeks. "Instructions and orders were issued to the Iranian forces to withdraw to their original locations," Mottaki said through an interpreter. The Iraqi military said in December that about a dozen Iranian soldiers had moved about 100 meters inside Iraqi territory and raised the Iranian flag over the disputed well. Iraqi officials later said the Iranians had moved away from the well but were still on Iraqi soil. The well was drilled in 1979 and provided about 3,000 barrels a day at the time, but has been inactive since 1980 due to the war. Fakka is part of the Maysan oilfield complex, which has reserves of about 2.5 billion barrels. Iraq tried unsuccessfully to auction it off to foreign oil companies last year. The threat of border incursions or feuds could cause jitters among foreign oil firms as Iraq tries to ramp up production to take its place among top world producers after years of war. Iraq has the world's third-largest oil reserves but is only the 11th-largest producer. (Additional reporting by Khalid al-Ansary, writing by Jim Loney, editing by Janet Lawrence) World More from Reuters New jobless claims rise less than expected WASHINGTON (Reuters) - The number of U.S. workers filing new applications for unemployment insurance rose less than expected last week and a measure of underlying trends hit a nearly 16-month low, underscoring the improving labor market tone. Early data show retailers posting gains Fed's Bullard: U.S. jobless rate to start falling Cadbury shares dip below Kraft bid for first time Wall Street set for lower open after jobless claims data | Video Plane bomb suspect joined al Qaeda in London: Yemen » More Top News Can this tablet beat Apple? Microsoft unveiled the hotly anticipated HP tablet at the CES late last night, but all eyes are on Apple's next move. Full Article Microsoft's Natal game in stores 2010 Motorola to sell inside-out phone Live Coverage: The CES in Las Vegas TECHNOLOGY Nothing to see here The falling crime rate in the U.S. is good news, but it flies in the face of conventional wisdom. Full Article Bomb report a "shock": Obama aide Man threatening Jews thrown off flight U.S. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts.com Buyouts Europe: Buyouts Conferences: Venture Capital Journal ECVJ International Financing Review International Securitisation Report Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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