U S agrees to speed arms shipments to Israel defense upgrades
Diplomatic sources say the United States will advance the delivery date for the F15 fighter bombers to 1978 and begin Lance missile shipments in October. Israel will also receive an electronic early warning system and a yet to be determined number of F16 jets with delivery possible in 1979.
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Washington
United States
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Shimon Peres
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Egypt
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Iran backs two stage oil price rise in OPEC talks
Iran’s Oil Minister Jamshid Amouzegar said Tehran backs splitting a proposed crude price hike into two stages with half now and half later while pushing for roughly 15 to 16 percent. He said nine of 13 OPEC members seek moderate gains, Saudi Arabia resisting beyond 5 percent. Yamani signaled openness to a nominal 5 percent now and a possible small later rise if a long freeze follows.
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Vienna
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Iran
OPEC
Jamshid Amouzegar
Amouzegar
Organization of Petroleum Exporting Countries
Saudi Arabia
Sheik Ahmed Zaki Yamani
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