Word: iraq
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Dates: during 1970-1979
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...officials fleeing with the admonition: "You return, you die!" The rebels were joined by local units of the Iranian army and air force and the police, in both Tabriz and the nearby towns in the rugged mountains of the western part of Iran, near the borders of Turkey and Iraq. From Qum, Sharietmadari appealed to his supporters to remain peaceful. He pointedly did not criticize their revolt, but he did rule out secession. Said he: "We want to establish the framework for giving full liberty [meaning self-rule] to Azerbaijan, but it is part of Iran...
More and more OPEC members are discovering that they can collect just as much by cutting production. Kuwait, Iraq, the United Arab Emirates, Algeria and Libya have all announced cutback plans for 1980, and others are likely to follow. Warns Gulf Oil Corp. President James Lee: "We estimate that OPEC could cut its exports by about 8 million bbl. per day, or nearly 25%, and still maintain balanced economies for its members." Reason: as the cartel sold less oil, the price for the diminished supply would automatically surge...
...desert kingdom's traditional support for the U.S., and Washington's repeated pleas for maximum OPEC output at the lowest price, as ultimately damaging to the producing states. Anti-American rioting in Iran has made involvement with the U.S. seem even more unwise. Such oil ministers as Iraq's fiery Tayeh Abdul-Karim and the Emirates' Mani Said Utaiba argue that it is stupid to swap valuable and nonrenewable oil for increasingly inflated dollars that Washington might some day freeze anyway, as it has done in the case of Iran...
...task force last week reported that there is a "substantial risk" of a drop in OPEC output of as much as 3 million bbl., an amount just about equal to total current Iranian production. The drop would be caused by expected cutbacks early next year by Saudi Arabia, Kuwait, Iraq, Nigeria and Libya. Thus oil prices stand to rise considerably even if Iran does not reduce its current production...
...said last week that he wanted the mission to continue. But the danger is that, with Bazargan gone, hard liners on the Revolutionary Council might be tempted to try for a quick military solution, thereby inflaming the Kurds once more. That in turn could lead to interference by neighboring Iraq, which has a substantial and equally restless Kurdish population...