Rabin signals Israel open to peace talks with Ford
In Washington Rabin says Israel will do whatever is possible to move toward peace with Egypt. Kissinger welcomes him and a series of White House meetings and committee sessions are planned. U.S. officials note earlier withdrawals from the Suez region may have occurred earlier. Rabin shifts from demanding Egyptian nonbeligerency to a broader step by step approach.
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Sinai
OPEC Delays Decision on Oil Price Increase in Fall
OPEC postponed a firm price increase decision until the next ministerial meeting opening Sept 24 in Vienna. Chair Valentin Hernandez Acosta said experts will meet in July to discuss the size and timing, with a hoped rise under 30 cents per barrel in dollar terms and a shift to SDRs for oil pricing. Iran, Algeria urge higher prices to restore purchasing power, while Saudi Arabia and Gulf sheikdoms favor smaller raises.
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Organization of Petroleum Exporting Countries
Valentin Hernandez Acosta
Venezuela
OPEC
Vienna
Hernandez Acosta
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Iran
Algeria
Saudi Arabia
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