Word: arabian
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Dates: during 1960-1969
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...guerrillas. But the U.S. and Britain are trying to get along with the new rulers, and the main reason is Libyan oil. Since the '67 closure of Suez, Libyan exports have doubled because high-grade Libyan oil lies closer to Europe without the canal than most Arabian oil. Thirty-eight companies, mostly American and British, presently pump about 3.7 million barrels a day. Libya now ranks as the third largest oil exporter (after Venezuela and Iran). Since the government receives $1 on each barrel, oil accounts for 80% of Libya's national income...
...diseases trachoma and bilharzia (schistosomiasis) are widespread in the Near East. Trachoma, a disease of the eye, infects 95 per cent of Saudi Arabian infants. Bilharzia, a parasitic disease, weakens those it attacks. In the Near East, it is almost as prevalent as malaria...
...recent attacks on fortified Israeli positions were led by officers-a rare event in the past. Earlier this month, in a well-planned strike, half a dozen guerrillas belonging to the Popular Front for the Liberation of Palestine (see box, page 42) blew up Aramco's trans-Arabian pipeline linking Saudi Arabia and Lebanon across 25 miles of formerly Syrian, now Israeli-held territory. The Israelis, working with bulldozers to form earthen ramparts, then burning off the oil, had a difficult time keeping 8,500 tons of spilled crude from polluting their major water source in the north...
Disclaimed Bridge. The strife extended to the waters of the Gulf that separates the two countries. Iran refused to ratify a 1965 agreement dividing the Gulf into Saudi and Iranian zones, and Arabian newspapers blossomed with maps labeling it the "Arabian Gulf." When an Aramco drilling team, with Saudi approval, began working in the same waters as the Iranian concessionaire, a joint venture by Iranians and Standard Oil of Indiana, one of the Shah's gunboats arrested the oilmen...
...interest in the Société des Bains de Mer, which runs the Monte Carlo Casino. His reason: he had been snubbed in his search for office space. When he finally sold his interest back to Rainier, he cleared $5,000,000. In a 1954 attempt to monopolize the Saudi Arabian oil market, he made a deal with King Saud that would have given him exclusive rights to ship that country's petroleum. He thus brought down the collective wrath of the world's oilmen, who finally brought him to heel...