Word: iraq
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Dates: during 1970-1979
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...seems to know. The confusion stems in large part from a schism among the 13 members of the Organization of Petroleum Exporting Countries. At their December meeting in Qatar, the cartel broke into two warring camps (TIME, Dec. 27). Eleven members, led by Iran and Iraq, raised their prices by 10%, to an average $12.70 per bbl. (v. $2.30 per bbl. in pre-embargo 1973); they also agreed to hike prices a further 5% on July 1. But the Saudis and their allies, the United Arab Emirates, arguing that higher fuel costs would hamper the recovery of the industrialized world...
...military tribunals and ban public assembly. The Syrian army, acting on its own swaggering gering authority, has shut down eight Beirut publications that were critical of a peace-keeping arrangement in which the Syrians control everything down to mail delivery and traffic. Four of the eight were small pro-Iraq or pro-Libya journals-thus in effect anti-Syrian. But An-Nahar, Lebanon's most prestigious newspaper, and its French-language sister daily, L'Orient-Le Jour, were also closed. Said An-Nahar Editor Michel Abu Jaudeh: "It would appear that what is in store is more ominous...
...revenues enable Iran to buy more guns and tanks with which to frighten its neighbors across the Persian Gulf−an escalation that Saudi Arabia, one of those neighbors, decidedly does not wish to encourage. The archconservative Saudis are also at odds with the radical Arab states of Algeria, Iraq and Libya, whose hand would be strengthened by a big oil-price jump. The Iraqi oil minister, Tayeh Abdul-Karim, blasted the Saudis for trying to force OPEC to "succumb to pressures from the oil monopolies and imperialist forces...
...When the other OPEC chieftains failed to buy his reasoning, Yamani dramatically rose from the conference table and strode out of the hall. He flew to Riyadh for talks with King Khalid ibn Abdul Aziz. The other oil ministers pretended to be unimpressed by Yamani's theatrics. Said Iraq's oil minister, Karim: "It is a big game that he always plays." When word came that Yamani was returning to the conference. Qatar's minister of finance and petroleum, Abdul-Aziz Bin Khalifa Al−Thani, went to the airport to accord him a proper protocol...
...Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq. Kuwait, Libya, Nigeria, Qatar, Saudi Arabia. United Arab Emirates, Venezuela...