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OPEC Conference #277326

CBS Evening News for Tuesday, May 26, 1981
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(Studio) OPEC (Organization of Petroleum Exporting Countries) reported ending conference on note of divisiveness.
REPORTER: Dan Rather

(Geneva, Switzerland) Conflict between Saudi Arabia and other OPEC (Organization of Petroleum Exporting Countries) mbrs. outlined; Sheik Zaki al-Yamani mentioned. Response of Iraqi minister noted. [OPEC (Organization of Petroleum Exporting Countries) secretary general Rene ORTIZ - says some members have decided to cut product] [Indonesian oil minister SUBROTO - acknowledges authority of individual mbr. ntns.] Final conference decision with regard to price freeze and product discussed. [Acting Iranian oil minister Hassan SADAT - thinks people rather than "imperialist powers" should be served.] Implications of meeting's chaos considered.

Brady, Ray;
Rather, Dan

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