VOL. XXXIV

NO. 40

8-JULY-1991

Saudi Arabia

Saudi Arabia Pays Cash for Gulf War Cost; No Agreement Yet on SPR

Mr. Brent Scowcroft, President Bush's assistant for national securityaffairs, told congressional leaders last month that Saudi Arabia has paid its$13.5bn financial commitment to Operation Desert Shield in cash, and that atWashington's request none of these payments were made in oil for the StrategicPetroleum Reserve (SPR). He added, however, that the US is currently exploringwith several...