VOL. XLI

No. 06

9-February-1998

IRAQ

The US And Iraq: Either Way Things Look DangerousFor Oil

Willy-nilly, the fate of the world oil market is now inescapablyin the grip of powerful political forces which are way beyond the capability of the oilindustry to control or even influence. Whichever way things turn out, the alternatives areominous. If on the one hand we assume that a diplomatic solution will be found for theUS-Iraqi confrontation on the weapons issue and that, in turn, UN Secretary...