IRAQ-IRAN

Attacks Continue Against Oil Installations and Tankers in the Gulf 

Against the background of a sharp escalation in the land and air war between Iraq and Iran, both countries continued their retaliatory raids against oil installations and tankers in the Gulf last week, with attacks on the Iranian export terminal at Kharg Island and confirmed hits against two VLCC's and two supply ships.

On 17 March, an Iraqi plane fired an Exocet missile at the 227,041 dwt...