Word: gulf
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Dates: during 1980-1989
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There is little question that the oceans have an enormous ability to absorb pollutants and even regenerate once damaged waters. For example, some experts feared that the vast 1979 oil spill in the Gulf of Mexico would wipe out the area's shrimp industry. That disaster did not occur, apparently because the ocean has a greater capacity to break down hydrocarbons than scientists thought. But there may be a limit to how much damage a sector of ocean can take. Under assault by heavy concentrations of sludge, for example, the self- cleansing system can be overwhelmed. Just like decaying algae...
...find it difficult to push prices much higher. "If the war ends, the geopolitics of oil are changed greatly," says Daniel Yergin, president of Cambridge Energy Research Associates in Cambridge, Mass. "But the price may not be changed nearly as much." The possibility of peace in the Persian Gulf seems to have left the petroleum community as bewildered as the rest of the world...
Could the war that has claimed half a million lives, devastated two countries and led to the largest U.S. naval buildup since World War II finally be over? Not quite. A day after Iran notified the U.N. of its decision, Iraq bombed an Iranian nuclear-power facility at the gulf city of Bushire. Three days later, Baghdad launched new attacks along the 730-mile border between the two countries in an obvious attempt to gain more leverage in cease-fire negotiations. In response, Tehran radio broadcast an appeal for able-bodied men to go to the front...
...good reason to cheer the cease-fire, particularly in light of how it came about. A major goal of U.S. policy in the gulf has been to prevent Tehran from seizing dominance of the region. After last week's events, Iran seems likely to emerge badly weakened, and possibly as the clear-cut loser in one of the bloodiest conflicts since World...
...role in the gulf war did not come without a price, monetarily and otherwise. Tehran's voracious appetite for weaponry with which to wage the conflict led directly to the Iran-contra affair, the secret attempt by the Reagan Administration to ransom U.S. hostages in Lebanon with arms for Iran. In 1987, largely to prevent the Soviet Union from assuming a greater role in the region, Washington agreed to reflag Kuwait oil vessels with the Stars and Stripes and escort them through gulf waters under U.S. naval protection. That decision sparked some Democratic demands for Reagan to seek congressional approval...