VOL. XLI
No. 05
2-February-1998
IRAQ
US Military Threat Puts Iraqi Oil At Center Stage Of World OilScene
The latest exchanges of fiery threats between Washington and Baghdad, and the intensivediplomatic contacts taking place worldwide to avert a military showdown, have once againplaced Iraqi oil firmly at center stage of the world oil scene, having already led to areversal of the price slide with a rebound of $2/B over the past week. Three mainquestions complicate the Iraqi oil picture as the US...
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