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...embargo Oct. 19 would have completed the two-to three-week journey to the Borco refinery at Freeport by early November. Yet records at Marbrok Marine Brokers in Freeport show that between Nov. 1 and Nov. 29, no fewer than 13 tankers out of the Libyan port of Ras Lanuf discharged crude at Borco. As recently as Dec. 8, the tanker Heythrop out of Ras Lanuf unloaded 513,135 bbl. of crude at the Borco refinery, according to Robert Bunford, executive vice president of E.H. Mundy & Co. Ltd., another Freeport marine broker, which arranged the transaction. No one will talk...

Author: /time Magazine | Title: SUPPLY: From Output Squeeze to Price Embargo | 1/7/1974 | See Source »

...Egyptian forces established east-bank bridgeheads in the area leading to the Gidi Pass and in the vicinity of Port Fuad and Ismailiya; the Ismailiya crossing near the center of the canal was dug in and causing the Israelis the greatest concern. The Egyptians also tried to land at Ras Sudr, but lost ten of their troop-carrying helicopters to the Israelis in the attempt; the copters each carried 30 to 40 men. Copters also landed commando units in the northern Sinai in an attempt to cut Israeli roads and supply lines, but apparently made little headway; the Israeli army...

Author: /time Magazine | Title: MIDDLE EAST: Black October: Old Enemies at War Again | 10/15/1973 | See Source »

...their Sardinian suits, the companies assert that, acting over their protests, the crude was twice loaded from Amoseas storage tanks in Ras Lanuf terminal aboard a ship that was to deliver it to the Saras refinery near Cagliari, Sardinia. The oil firms are suing Saras for return of the crude or payment of an estimated $2,000,000 cash for the cargo, on the ground that the oil still legally belongs to Amoseas...

Author: /time Magazine | Title: NATIONALIZATION: Counterattack in Libya | 10/8/1973 | See Source »

Stretching 500 miles southeastward from the delta of the Tigris and Euphrates rivers to a narrow strait that doglegs around the tiny tip of Oman, the Persian Gulf may be the world's most valuable and vulnerable waterway. At such desert-edge ports as Ras Tanura, Abu Dhabi, Kuwait, Dhahran and Kharg Island, scores of supertankers congregate like wallowing whales to suck up crude oil. Daily they plow through the gulfs warm waters and out through the Strait of Hormuz carrying some 20 million bbl. of oil-almost half of the non-Communist world's consumption...

Author: /time Magazine | Title: MIDDLE EAST: Policeman of the Persian Gulf | 8/6/1973 | See Source »

...partly a springtime lark, partly a new upwelling of the ras le bol (fed up) spirit that turned French campuses into battlefields in the anarchic days of May 1968. With a spontaneity and speed that startled even their left-wing organizers, high school students all over France poured out of their classrooms last week to vent their rage against a new draft law. In Paris, where all but five of the city's 60 lycées were shut down, some 80,000 teen-age boys and girls defied a government ban to gather on the Left Bank...

Author: /time Magazine | Title: FRANCE: The Students Again | 4/2/1973 | See Source »

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