Word: gulf
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...lurks a possibly greater threat: Iran. Hizballah's dominance in Beirut allows Tehran to project its power into the Mediterranean Sea, something the U.S. and its European allies must now factor into their calculations. (The Pentagon denied reports that the U.S.S. Cole, heading to the Mediterranean from the Persian Gulf, was responding to the Lebanon crisis...
...Congress debates the best way to fix the problem, Mexico is fast spiraling in the direction of the narco-terror that gripped Colombia in the 1980s and the early 1990s. Mexico's cartels, including the Sinaloa gang's main rival, the Gulf Cartel, have in recent years raised the scale of the bloodletting by introducing such weapons as grenades, AK-47 assault rifles and bazookas, as well as ghastly methods like mass beheadings...
...would accept outside relief, but has imposed so many conditions on those who would actually deliver it that barely a trickle has made it through. Aid workers have been held at airports. U.N. food shipments have been seized. U.S. naval ships packed with food and medicine idle in the Gulf of Thailand, waiting for an all-clear that may never come...
...doubt that Iraq was a lot about oil, they shouldn't after the recent Capitol Hill appearance by our ambassador to Baghdad, Ryan Crocker. In a closed House hearing, Crocker put the fear of god in Congress. His message: If we leave Iraq, Iraq will destabilize the Gulf, and a destabilized Gulf equals unstable oil prices...
There was a time when we could count on Saudi Arabia to make up a shortfall in oil when something like Iraq came up. During the Gulf War Saudi Arabia boosted its production by 3.1 million barrels a day to make up for the 5.1 million barrels a day of Kuwaiti and Iraqi production that was taken off markets. Oil prices rose relatively little...