VOL. XLII

No. 30

26-July-1999

IRAQ

President Husain Denounces US Role In World Oil Industry;Iraqi Opposition Picks Up Steam

Iraqi President Saddam Husain delivered a defiant speech on17 July, the 31st anniversary of the Bath party takeover in Iraq,calling upon Arab states to open dialogue with his country, denouncing peacetalks with Israel and accusing the US of controlling world oil markets. TheIraqi leader said that the US "has made oil lose any political andeffective strategic value that...