Word: tankers
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World supplies are 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...
...sales contract. Sometimes operating out of telephone booths, profiteers have been offering deals on as much as half of Indonesia's total production, which local politicians are said to have got their hands on. Oil cargoes have been sold four and five times while the tanker was still on the high seas, and each subsequent owner has pocketed vast profits. At a dinner of the Institute of Petroleum in London two weeks ago, while guests sipped cocktails and swapped tales about their spot profits, one trader offered to sell a 50,000-ton cargo of heating...
...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 buildings and installations, which were left in the hands of the strikers...
...matter, was the Shah's loyalty to the U.S. Helms remembers that during the oil embargo of 1973, the Shah sent his emissaries to Egypt and Saudi Arabia to plead for a quick end. He kept Israel supplied with oil at that time. Once he secretly sent a tanker out to refuel an American carrier task force running low on oil in the Indian Ocean. In the closing days of the Viet Nam War, at U.S. request, he instantly dispatched a squadron of F-5s to Saigon. His planes and ships have patrolled the Strait of Hormuz for years...
...from the cold war caper to a wider, well-plotted world of skuldruggery and high technology. The new books cover the map from Cozumel to Copenhagen, the Persian Gulf to the South China Sea. Their post-Bondian hardware ranges from a Guppy-class submarine to the world's biggest tanker, the Dragon M-47 antitank rocket to the Soviet Dragunov rifle. In most cases, the hero is motivated by the heroin, but there is no shortage of sex, usually exotic and always dangerous. Seven sizzlers...