VOL. XL

No. 46

17-November-1997

IRAQ

Iraqi Crisis With Security Council Spills Over Onto Oil

The current conflict between Iraq and the UN Security Council on the arms issue isalready spilling over into the oil arena and could have even more serious repercussions astime goes by. For one thing, the conflict has already been the cause of the postponementof the signature of upstream oil agreements between Iraq and international oil companies;and for another it could well have a highly negative...