Oil prices, supply fears rise amid Middle East turmoil
West Texas Intermediate settled at 26.46 a barrel on the Nymex as markets fret over a possible oil crunch. Perry warns higher crude prices risk U.S. economy while banks pull back on lending. Refineries run at full capacity and many firms, including Fina and Texaco, take steps to avert gas shortages and lines.
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Reservists Comprise Major U S Combat Support Roles
Reservists account for about 80 percent of combat service support units including medical specialists and engineers. The Army relies on reserve brigades for sustained deployments, with National Guard participation cited in Saudi Arabia and Panama.
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Saddam pledges Friday start to troop pullback and prisoner release
Baghdad said troops will withdraw and prisoners be released starting Friday but did not define the withdrawal area or troop numbers. Iran claims 772 miles of occupied frontier. the UN says half that. A treaty with Tehran could ease pressures on Iraq’s 730 mile Iran frontier.
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King Hussein Faces Greatest Challenge Yet as Iraq War Looms
King Hussein of Jordan, on the throne since 1953, has survived coups and wars. With Iraq’s Kuwait invasion, Saddam Hussein’s alignment tests Hussein’s leadership as he plans to meet President Bush. The 54-year-old monarch is famed for daring rescues, liberal reforms, and a life of peril, wed to Queen Noor with twelve children from four marriages.
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