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(Studio: Bob Schieffer) Vice President George Bush, arriving in Saudi Arabia, reported assuring Saudis of United States arms supplies; their concern over possible spread of Iran-Iraq war noted. Scenes shown. His expected discussion on falling oil prices mentioned. [Mideast expert Michael STERNER - notes Saudis' primary concern with Iran-Iraq war rather than oil.] Oil wealth's impact on Saudi Arabia and government's concern over Ayatollah Khomeini discussed. [STERNER - cites scenario if Iran wins war.] Basis of Saudi concern over war's possible spread explained. [BUSH - cites need for Persian Gulf to remain free.] (Temporary loss of audio.)
(Santa Barbara, California: Gary Schuster) Importance of Mideast trip to Bush's political aspirations discussed; his past involvement in oil industry and possible impact on President Reagan's decisions considered. [Pol. consultant David KEENE - thinks political fallout for Bush can be detrimental.] [Senator Phil GRAMM - criticizes media's interpretation of Bush's remark about OPEC.]
- Schieffer, Bob;
- Schuster, Gary
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