Oil Supply Not Yet Threatened By Border War
The Iran Iraq border war could temporarily block about 4.7 million to 7.5 percent of Persian Gulf oil, with limited U S impact since Washington buys little from Iran and Iraq. Analysts warn Gulf disruption could ripple to Kuwait, Iraq, and Qatar trading.
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Iran
Iraq
United States
John Sawhill
Senate
Persian Gulf
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Persian) Gulf
Kuwait
Feer
Qatar
Ecuador
Gabon
U.S
Tehran
Hostage relief in Iran Iraq crisis hangs on neutrality pledge
Washington reports fear that the Iran Iraq border war could disrupt efforts to free 52 American hostages in Iran who have now been held for 325 days. President Carter reiterated U S neutrality while officials warned the conflict might pull Iranian attention away from negotiations. Iran denied Baghdad Radio claims of releasing all hostages unconditionally.
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Carter
Iran
Iraq
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CBS News
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Tehran
Indira Gandhi Enacts Detention Rule Sparking Fears
Prime Minister Indira Gandhi signs a preventive detention ordinance allowing detention for up to one year without trial. The measure, amid violence in Assam Tripura Manipur and northern states, aims to curb security threats and unrest but critics warn of emergency-rule echoes. No arrests reported in the first hours after the law took effect.
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India
Indira Gandhi
Neelam Sanjiva Reddy
Assam
Bangladesh
Tripura
Manipur
Gandhi
Gold climbs as dollar strengthens worldwide
London bullion dealers set morning gold at 720.50 dollars an ounce, rising from 718 and near the highest since 838.50 on January 21. After a profit-taking dip to 705 on January 22, gold in Zurich also averaged 720.50, up from 709.50 and near Swiss highs since January 22.
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London
Zurich
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