Word: crude
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...produce such former U.S. imports as knives, radios, cameras, tubing, flour, cable, screwdrivers, electric motors, hinges, light bulbs, farm machines, printing presses, office equipment, medical instruments. The deal also included a barter exchange-sugar, the nation's major export, for oil, the major import. To refine the Russian crude, Che seized the three foreign refineries-Shell, Esso and Texaco-without compensation...
...parried the ones on Cuba, refused to be riled by Khrushchev's promise that the Red flag would soon fly over the whole world, dismissed Khrushchev's "very crude attempts to involve himself" in U.S. politics, praised New York's Governor Nelson Rockefeller ("a dedicated, honest and hard-working man") even as he disagreed with Rocky's sharp criticism of U.S. defenses. Next day the President flew from steaming Washington to the breeze-cooled summer White House at Newport, on Rhode Island's Narragansett Bay, for a month-long working vacation...
...culture was far below the true Cretan level. The theory depended on Sir Arthur's claim that he found jars of squatter type in a room whose clay floor covered tablets written in Cretan script. This proved, he said, that early, literate Cretans had been superseded by comparatively crude invaders from mainland Greece. But according to Duncan Mackenzie's entry for Tuesday, May 8, 1900, the tablets were found on top of the floor on the same level as the squatter jars, and therefore they must date from the same period. It looked as if Sir Arthur...
...AGAINST RED OIL will be waged by Western oil companies to prevent Russian crude from entering their markets. Three companies (Shell, Standard Vacuum, Caltex) told India they will not refine Russian crude oil sold to Indian government. Standard Oil Co. (N.J.) warned owners and tanker brokers, in effect, it will not do business now or in future with anybody who charters or sells tankers to the Soviet Union or its satellites...
...refiners were convinced that Castro's squeeze would not end here: eventual confiscation seemed certain. Texaco sent its staff families home and prepared for further trouble. For months the Cuban government had refused to allow the oil companies to exchange pesos for hard currency to pay for crude. Remittances were more than $60 million in arrears. Moreover, using Russian oil would disrupt the well-to-pump integration that big oil companies count on for efficiency and profits. The companies decided to stand fast. Last week Castro sent two barges of Russian crude to Texaco's refinery near Santiago...