NO. 27


Multiplicity Of Oil Embargo Proposals Clouds The Oil Scene

Proposals about oil embargoes some for the imposition and others for thelifting were definitely all the rage in Washington and New York over the pastweek. Heaven knows what would have happened to the price of oil if international bans on purchases of Iranian and Libyan oil had been added to the onealready in place against Iraq. However, in the event, the market reacted to thewhole hullabaloo with...