Word: amuzegar
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...OPEC VIEW. Jamshid Amuzegar, Iran's Minister of Interior, explained that the Persian Gulf countries have for years watched the prices of wheat and manufactured goods soar...
Thus the boosts in posted prices for crude oil-from $3.01 per bbl. last October to $11.65 now-were long overdue. Moreover, Amuzegar said, the producing nations want to cooperate in world development, the oil embargo notwithstanding, because "we are all in the same boat...
Before departing for his ski chalet at St. Moritz last week, the Shah of Iran conferred a medal, the first-class Taj, or crown, on his finance minister Jamshid Amuzegar. The dapper, Cornell-trained Amuzegar had led the six oil-producing nations of the Persian Gulf-Iran, Iraq, Kuwait, Saudi Arabia, Abu Dhabi and Qatar-in wresting an enormous increase in payments from 23 international oil companies, 20 of them American. In fact the Shah, who had guided the negotiations over the gold telephones installed at his desk and bedside in the royal palace, had good reason to be pleased...