Summary and analysis of today's events pertaining to the Persian Gulf region with Ralph Begleiter (CNN) and Dave Michaels (CNN), including taped excerpts of statements by and/or interviews with Iraqi oil minister Issam al-Chalabi, State Department Spokeswoman Margaret Tutwiler, Soviet envoy Yevgeny Primakov, Iranian Ambassador to the US Mohamed Sadiq al-Mashat, William Taylor, George Bush, Rep. Claudine Schneider, UN Secretary General Javier Perez de Cuellar, Israeli Ambassador to the US Zalman Shoval, Palestinian activist Faisal Husseini, Abdul Hafiz Alawi, Mohammed Haj Deeb, Patrick Coy, Rev. Jim Lewis, former British Prime Minister Edward Heath, Professor Soleiman Rihany, Frank Timone, Phil Chisholm, Len Bower, Sgt. Matthew Ray, Captain Fonzi al-Ghamdi, and unidentified others. (Broadcast includes a 13 minute news update.)