VOL. XLIV

No 39

24-September-2001

IRAQ

Security Council PostponesDecision On Oil Price Formula To US

The Security Council has postponeduntil 24 September deliberations on the Iraqi oil price formula to the US, an issuethat was referred to the Council a fortnight ago after the failure of thesanctions committee to resolve it in August. (While both UN bodies are composedof the same 15 members, it was assumed that moving the issue to the SecurityCouncil would raise the political level of the...