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Oil deal with Iraq signals Soviet expansion in Persian Gulf
The Soviet Union and Iraq ink a loan backed oil deal to develop the North Rumaila field near the gulf. Moscow aims to boost influence at Britain’s expense as Western forces retreat. US plans to fill leadership gap, while Iran and Yemen host closer Soviet ties and naval activity grows in the region.
MENTIONED IN THIS ARTICLE
Beirut
Lebanon
Soviet Union
Iraq
Russia
Persian Gulf
West
Britain
United States
Gulf
Rumeila
Iraq Petroleum Co
North Rumella
Suez Canal
U.S
Bahrein
Norfolk
Iran
Aden
Yemen
Kuwait