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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Aug 03, 1987
Page
3
Washington based television commentator David Brinkley reports a run in with District of Columbia tax officials over back property taxes. He received a note claiming he owes 10 cents with possible fines nearing two thousand two hundred dollars. Brinkley criticized the notice on ABC This Week.
Iran confirms preliminary Martyrdom maneuvers in the Strait of Hormuz and orders three days of halt to all shipping and air traffic. A U S flag Kuwaiti Gas Prince travels toward the strait escorted by American warships while Iran reports rising casualties among pilgrims in Mecca. Iran says the United States yields only to force and promises a strong response. The Bridgeton, damaged by a mine, and three more Kuwaiti tankers slated for U S escort, illustrate escalating tensions in the Gulf.
Oil Bancshares in Houston notes that rising Gulf tensions stir chatter but may not curb drilling. Analysts predict a possible price uptick up to a dollar to three dollars per barrel, with August futures opening higher and gold strengthening as inflation hedges. Local industry leaders warn volatility could impact the Permian Basin.
NASA planned to power up shuttle Discovery, the first step toward a June 2 1988 launch, marking a milestone in returning the fleet to flight after the 1986 Challenger disaster. NASA cited improvements in electrical, communication, and safety systems as key.
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