Word: kuwait
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Dates: during 1980-1989
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...week's end, as Habib prepared to resume his shuttle, Arab League foreign ministers from Lebanon, Syria, Saudi Arabia and Kuwait were gathering at Beiteddin, southeast of Beirut. Lebanon's President Elias Sarkis was expected to submit a series of proposals aimed at restoring stability to his shattered land. The way out was yet to be found, but the fact that diplomacy had for five straight weeks averted a military conflict raised hopes that a lasting solution was at least conceivable...
...Bahrain, Qatar, Oman, Kuwait, and the United Arab Emirates...
...tighten the market back up, was precisely what the six OPEC ministers had gathered in Geneva to discuss. At the meeting was not just Saudi Arabia's Sheik Ahmed Zaki Yamani, whose nation accounts for almost half of the cartel's oil output, but representatives of Kuwait, Nigeria, Algeria, Indonesia and Venezuela as well...
...sees no significant increases in world oil prices during 1981 beyond those following the OPEC meeting in Bali two weeks ago. Though the Persian Gulf war knocked out 2.9 million bbl. per day from Iran and Iraq, according to Chevalier's figures, other OPEC members, including Saudi Arabia, Kuwait and the United Arab Emirates, increased output to ease the shortfall. Oil importers are also being helped by increased production in Mexico, the North Sea and other non-OPEC areas. Moreover, conservation and slow growth reduced oil demand by about 2 million bbl. per day over the past year...
...hostage crisis would present the U.S. with enormous problems. Coming to terms with Iran and sending along military supplies, even of the nonlethal variety, could seriously complicate American relations with the conservative Arab states of the Persian Gulf that are backing Iraq in the war. Last week Saudi Arabia, Kuwait and the United Arab Emirates warned that they might reduce oil production if the U.S. resumed military supplies to Iran...