Word: kharg
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...cockpit of superpower rivalry. "Whether it has been declared or not," said Iraqi Defense Minister Adnan Khairallah early on, "it is in fact war." The struggle escalated quickly and as it did, spread to key oil facilities on both sides-Basra, Kirkuk and Mosul in Iraq, Abadan and Kharg island in Iran. With thick black smoke pluming from bombed tank farms and refineries, petroleum-consuming nations around the globe anxiously calculated and then recalculated the implications. Said one U.S. official in tallying up the damage: "Once oil installations became fair game, the stakes became much higher for everyone...
...about the same time the Iraqis sent their bombers against Iranian oil facilities across the Shatt al Arab at Abadan and farther south against Kharg island, where 14 tankers at a time can load crude. At Abadan, one of the biggest refineries in the world (587,000 bbl.-per-day capacity) and the principal source of fuel for Iran's domestic needs, flames and smoke shot skyward. "There are going to be a lot of cold Iranians this winter as a result," said a U.S. diplomat monitoring the fighting. In Tehran, the government decreed that no gasoline would...
...these frustrations are being exploited by Marxists. Leftist groups of various sorts are well organized in the oilfields, in the Abadan refinery and even among the well-paid, rather pampered workers at the port of Kharg Island, whose highly sophisticated pipeline network and oil flow control mechanism make it the most vulnerable element in the Iranian oil system...
...short enough that Iran expects no trouble finding buyers, particularly from countries that have little if any oil of their own and seem willing to pay any price for supplies. As Nazih was speaking, a tanker was reportedly loading 300,000 tons of crude at Iran's Kharg Island for Japan at the new, extortionate price. The easy sale could well tempt other producing nations to post similar price increases in the days ahead...
...have risen from 50% to 200% or more. In addition to airline, Telex and telephone workers, bank employees, civil servants and teachers were all out on strike. The severest problems were caused by the virtual shutdown of the oilfields. At the huge loading terminal in the port of Kharg Island, one eyewitness told TIME Correspondent Dean Brelis that Iranian workers sullenly half loaded a foreign tanker and then told its crew: "We don't need you. Now get your ass out of here." Virtually no foreigners remained at the refineries, and even the army withdrew its guards from administration...