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Odessa American in Odessa, Texas

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This newspaper page contains 12 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Aug 03, 1990

Page

2

U N condemns invasion of Kuwait by Iraq

The United Nations urged immediate and unconditional withdrawal of Iraqi forces from Kuwait. China Iran Australia and Algeria echoed the call while NATO met in Brussels. The United States reviewed all options and Israel warned it would meet any military threat from Iraq.

London Iraq Kuwait United Nations China Iran Australia Algeria NATO Brussels United States Israel

Congress backs sanctions against Iraq many lawmakers urge action

Congress moved rapidly to back President Bushs economic sanctions against Iraq and consider military action with allies in the Middle East. Lawmakers say the public will support a total cutoff of economic ties even if fuel prices rise briefly, fearing Saddam Hussein could gain long term influence in Persian Gulf cities. Democrats praise the embargo but question why it was not imposed sooner.

Washington Congress Bush Iraq U.S Middle East Persian Gulf Reagan Saddam Hussein Kuwait

Moscow ends arms sales to Iraq amid invasion uproar

The Kremlin suspended arms sales to Iraq and U S Baker III will join Eduard Shevardnadze in Moscow to condemn Iraq's invasion of Kuwait. Tass reports the halt, noting Iraq relies on Soviet weapons including most tanks and warplanes. Iraq also operates about 100 French Mirage jets.

Moscow Kremlin Iraq James A. Baker III Eduard Shevardnadze Kuwait Soviet Union Tass Binnendijk

Kuwait envoy pleads for aid as Iraq defends invasion

Kuwait ambassador Saud Nasser Al-Sabah urged outside help in a ornate embassy chamber while the Iraqi envoy defended the invasion. The State Department said eight Texaco oil workers in Kuwait were missing or captured by Iraqi forces amid the crisis. Japan expressed strong concern, warning Iraq to withdraw and noting its oil dependency and market impact. Kuwait and Iraq together supply about 11.2 percent of Japan's oil.

Washington Middle East Kuwait Momber Saud Nasser Al-Sabah State Department U.S United States Texaco Inc Texaco Tokyo Japan Iraq Apan Tokyo Stock Exchange

Iraq oil power shift signals new world balance

Washington notes that Kuwait and other oil producers may be affected by the Iraqi invasion of its neighbor. Analysts say the conflict could accelerate a shift in global oil power, though impact on Kuwait’s output remains unclear.

Washington Kuwait Ce Cee Ennai Persian Gulf

OPEC members pressured as Iraq Kuwait border dispute sparks price rise

In Geneva Hance warned oil markets about Iraq and Kuwait clashing over a fertile oil area, with Kuwait and Saudi Arabia seen as wary. Futures for West Texas Intermediate jumped to 23.11 a barrel as a prolonged conflict could push prices higher for months. Midland engineer Ernest Angelo Jr. echoed concerns that U S energy dependence rests on a volatile Middle East.

Iraq Kuwait Hance

Market fears oil shock from Middle East conflict on rise

US markets fear oil supply disruption as Iraq invades Kuwait fueling talk of possible US action. OPEC members Iraq and Kuwait account for over 20 percent of output, with producers like PBPA urging caution amid frenzied futures while analysts warn of higher prices and tax impacts if shipments are disrupted. Local appraisers monitor the turmoil as price hypotheses shift toward 1991 levels.

Hance Iraq Kuwait OPEC Middle East Combest Organization of Petroleum Exporting Countries United States Permian Basin Charles Perry Permian Basin Petroleum Association Perry West Texas Ed Collins PBPA Collins Ector County Jim Walsh The Coun

World reacts to Iraqi coup and invasion

Diplomats condemn the coup led by Saddam Hussein as Washington freezes Iraqi assets and halts most imports including oil. Bush warns of responsibilities if Americans in Kuwait are harmed while 3,000 U.S. nationals are in Kuwait and Saudi forces move into position. A palace attack on Salmiya is described as a barbaric invasion by an emirate ruler.

United States Angelo Rac Saddam Hussein Soviet Union Iraq Bush I United Traai Washington Kuwait Pentagon Sheik Fahd al-Ahmed al-Sabah Dasman Persian Gulf

Global sanctions tighten over Iraq invasion of Kuwait

Governments move to punish Iraq and protect Kuwaiti wealth abroad. Steps include freezing Iraqi assets and protecting Kuwaiti assets such as 10 percent stakes in British Petroleum and Midland Bank. Measures also halt most imports from Iraq, suspend arms deliveries, and ban American travel to Iraq while the Soviet Union suspends arms shipments.

Iraq Kuwait British Petroleum and Midland Bank

Kuwait Oil workers in suspense amid Iraq invasion

Mrs. Cole, wife of an OGE Drilling employee in Kuwait, describes delays and failed telex contact as Iraq’s invasion unfolds. She recalls past separations during Libya, Iran, Malta, Nigeria and Libya revolutions, stressing patience and caution while diplomats urge Americans to stay put until stability returns.

Houston Kuwait Oil Bill Schaub OGE Drilling Inc Cole OGE Kuwait Abu Halifah U.S Iraq Persian Gulf Hussein Mrs. Cole Gulf United States

Bush conferred with Thatcher on Gulf crisis in Colorado

President Bush and Prime Minister Thatcher discussed the Kuwait crisis during Thatcher's vacation in Colorado. Thatcher urged United Nations action over Saddam Hussein, while Bush described reviewing options and months of talks with Arab leaders. Bush pledged to defend vital Gulf interests and imposed a freeze on Iraqi and Kuwaiti assets in the U S to keep assets from Iraqi control.

Colorado A. Thatcher Washin Thatcher Saddam United Nations Bush Hosni Mubarak Ioe Bate King Ee — Oon Marlin Fitzwater Kuwait Washington United States Persian Gulf Saud Nasser A-Sabah U.S Tay Weyers Iraq Treasury

Bush to unveil 25 percent military cut plan at Aspen

President Bush seeks a 25 percent reduction in U S armed forces by end of 1995 amid a shrinking Soviet threat and budget pressures. House committee proposed cutting 24 billion from a 307 billion proposal, shelving the B 2 bomber and Star Wars program while targeting 442,000 active personnel. Bush planned talks with Margaret Thatcher before the Aspen address.

Aspen Colo Bush U.S Soviet Union Thursy Iraq Kuwait Aspen Institute Colorado Washington Congress House Armed Services A Committee Caen Defense di Cheney White House Cheney Strategic Air Command Cheyenne Wyo Senate’ Armed Services Committee Margaret Thatcher Openess Tom King

Also Mentioned on This Page

U.N Odessa Merican Cady Searetay Betwedey Gurnday Olhy Cory Caty & Gurning Newde, Wes Grutey Wehehe Econ the Odesss UPS Fourth Street Geneva Saudi Arabia New York Mercantile Exchange Midland Petroleum Ernest Angelo Jr Web Thurs Ree A.G. Edwanie & Sons Energy Information Administraton van Komegay Walsh Associated Press United Arab Emirates Indonesia Kuwait, Algeria Nigeria Goma Saad al-Abdullah al-Sabah Salmiya Great Britain France Pai Lyons
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