VOL. XL
No. 24
16-June-1997
IRAQ
Iraqi Oil Exports Will Be Delayed Until New Humanitarian SuppliesPlan Is Ready And Approved
In a surprise move that caught oil markets and UN diplomats off-guard,Iraq has decided to delay its oil exports until it receives approval for a newhumanitarian supplies plan for the second 180- day phase of the oil-for-food scheme. Thetiming for the resumption of Iraqi oil exports is therefore difficult to predict, but itnow looks quite certain that physical Iraqi...
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