Word: embargo
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Iraq's foreign minister yesterday sought help from Iran in cracking the U.N.-imposed embargo on Baghdad, but the United States and Soviet Union renewed their commitment to the sanctions...
...round the prohibitions to obtain military materiel as well as supplies used in the production of chemical weapons. Other Administration officials say the countries responsible include Libya, Yemen, Taiwan and South Africa. Yemen had earlier indicated that it would live up to its reluctant promise to abide by the embargo. It did allow one Iraqi tanker to unload at the port of Aden, but in response to international pressure it later refused to allow two others to discharge their cargo...
...support as possible. The major powers of Europe, in an unprecedented display of cohesion, voted collectively to send more warships to the trouble zone, a decision that will bring the strength of the international armada up to nearly 100 vessels. Iran repeated its pledge to abide by the trade embargo, belying predictions it would serve as a back door for Iraqi trade...
...even without a war. The price of crude oil for October delivery leaped to $32.35 per bbl. at one point last Thursday, the highest since futures trading began in 1983, and closed Friday at $30.91, drastically above the $18 spot price that prevailed only a month ago. The worldwide embargo of Iraqi and Kuwaiti oil has removed about 4 million bbl. a day from international trade, and doubts are growing that other producers can make up the shortfall. Some experts are skeptical that Saudi Arabia can increase its production of crude quite as much as the 2 million bbl. daily...
...international embargo begins to squeeze, Saddam adds American diplomats to his collection of Western hostages. U.S. forces are soon to be strong enough to go on the offensive. The biggest fear is that Iraq will attack civilians with poison gas. With events spiraling out of control, only an extraordinary breakthrough seems capable of averting disaster. -- Americans are rallying around the flag. But their long-term support depends on Bush's leadership. -- Saddam tries to put a kinder, gentler face on his seizure of thousands of hostages -- and fails...