Word: saudi
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Dates: during 1990-1999
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Despite the fact that Harvard is heavily invested in oil and gas holdings compared to other universities, Meyer said the University will probably not make large-term gains unless Iraq knocks out key Saudi Arabian oil facilities. That would reduce the world's oil supply and cause large increases in the price of oil, which would benefit the oil companies in which Harvard holds stock...
Saddam says Iraq has developed a missile capable of hitting targets in Saudi Arabia. Crude oil futures rise to all-time high of $40.40 a barrel. Diplomatic relations are renewed between Iraq and Iran...
...squadron of F-15E Eagles took off from air bases in Saudi Arabia at 4:50 p.m. EST., and correspondents in Iraq began reporting flashes of light and heavy anti-aircraft fire around Baghdad shortly before 6:30 p.m. CBS News reported that the U.S. launched unmanned Tomahawk cruise missiles against Iraqi targets. No ground fighting was reported...
...raid sirens were sounding in Riyadh, as allied forces prepared for an Iraqi strike against Saudi Arabia's capital city. American journalists in Dhahran, Saudi Arabia, were told to take shelter at about 7:20 p.m. EST in preparation for an attack by Iraqi Scud missiles...
...This is history in the making," said Col. Ray Davies, he chief maintenance officer at the Saudi base from which the F-15 fighter-bombers were launched...