Strongly reminiscent of Dylan's "What Was It You Wanted". I'll have to check the chronology. Of course, it's got the snazzy Knopfler geetar that makes any song better.
ETA: I really shoulda known this, but Communique came out in 1979 while Bob's Oh Mercy was from 1989. So Bob is not without his influences
Knopfler produced Dylan's album "Infidels"; according to Wikipedia "Although Mark disowned the reworked version of the album as released,<77> his production is still noticeable." I've read that he found producing the album quite trying but he and Dylan apparently tour together these days.
Knopfler also played on "Slow Train Coming" in '79.
I really liked "Love Over Gold" when it came out, but I can see why these days Mark is indifferent to it and subsequent albums. The earlier discs, including this one, still stand up.
Dire Straits was a fabulous band, and Knopfler on his own as a soloist in collaboration with Emmy Lou and others and as a movie score composer is and has been one of the most outstanding and consistent talents of recent times. Really first rate.
A couple of summers ago, I saw Mark Knoppfler live at the Greek in Berkeley, and maybe I'm a bit of a rock 'n roll dinosaur, but I still say that this was easily one of the best concerts I seen. He's a consummate musician and entertainer who doesn't need to rely on outlandish stage production to deliver; instead, Mark Knoppfler relies on the crazy, old-fashioned thing called raw talent. I'm looking forward to the next time I get to see him.