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Only nine days later, Palestinian terrorists broke into the Saudi Arabian embassy in Khartoum and killed three diplomats (two Americans, one Belgian), thus turning world indignation away from Israel. Summing up the Arab fears this time was Beirut's highly respected an-Nahar, which urged "Palestinian brothers" to avoid "any operation for the time being, so that the world could not deliberately forget the piracy committed by Israel over Beirut...

Author: /time Magazine | Title: MIDDLE EAST: Renegade Terrorism | 8/27/1973 | See Source »

Lenzlinger calls his outfit Aramco, not after the U.S.-Arabian oil company, he says, but because he likes the sound of the name. He has no monopoly on the trade. Some 20 similar organizations operate within West Germany. Like Aramco, many have advertised in newspapers, under the heading of "Family Reunification" or, more bluntly, Flucht helfer (Escape Helper). Lately they have become a center of controversy. East German authorities have pressured the West German government to crack down on the impresarios of escape. They claim that Fluchthelfer activities violate the spirit of detente and abuse the terms under which East...

Author: /time Magazine | Title: EAST-WEST,FRANCE: Freedom for Sale | 8/27/1973 | See Source »

...aspirations of the Arab people and more positive support of their efforts toward peace in the Middle East." The letter referred to America's growing need for Arab oil and Standard's own large interests in the Middle East (it owns 22.5% of Aramco, whose Saudi Arabian petroleum operations make it the largest producer of crude in the world). Miller also urged the U.S. to "work more closely with the Arab governments and enhance our relations with the Arab people." He did not even mention the word Israel...

Author: /time Magazine | Title: BOYCOTTS: Falling off the Tightrope | 8/20/1973 | See Source »

...accuse anyone: the board chairman of British Petroleum called the companies tax-collecting agents, and I think rightly. As for any "concerted diplomatic effort to break the OPEC cartel," that cannot happen soon. Our Government, by threatening to pre-empt oil supplies and sponsoring preferential treatment for Saudi Arabian oil, has so scared and embittered our European and Asian friends that they would not listen even if we spoke the truth...

Author: /time Magazine | Title: Letters, May 28, 1973 | 5/28/1973 | See Source »

...Mineral Wealth, Ahmed Zaki Yamani, negotiated a new policy of "participation" by his government's oil agency, Petromin. Within three years, Petromin will acquire a 25% share in Aramco, the huge producing company through which Exxon, Texaco, Standard Oil of California and Mobil have been pumping Saudi Arabian oil. By 1983, the Saudis' share of Aramco will have increased to 51%. Similar deals have been made by other Middle East producers. Last week, the government of Iran took over the operations of a consortium of American, British, French and Dutch producing companies...

Author: /time Magazine | Title: MIDDLE EAST: The Arab World: Oil, Power, Violence | 4/2/1973 | See Source »

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