NBC Evening News for Thursday, May 17, 1984
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(Studio) Iran-Iraq war noted spilling over into Persian Gulf causing international concern over shipping lanes there; United States commitment to keeping lanes open recalled. Saudi meeting of Arab ntns. today to organization united Arab front against Iran discussed. Films shown.
REPORTER: Tom Brokaw
(DC) United States conditions for providing air protection for planes in Persian Gulf outlined, discussed. Saudi Prince Bandar bin Sultan's meeting with Secretary of State George Shultz mentioned. [BANDAR - feels escalation of fighting is violating intl. law.] State Department spokesperson John Hughes' reiteration of President Reagan's pledge to keep Gulf open quoted; status of US, British and French naval presence in region cited.
REPORTER: Marvin Kalb
(Studio) Exxon chairperson's concern noted.
REPORTER: Tom Brokaw
(DC) Impact of attack on Saudi oil tanker recently on insurance rates discussed. [Lloyd's Exchange spokesperson Stephen MERRETT - explains Lloyd's of London's assessment of situation.] International impact should oil lanes in region be closed examined. [Oil analyst Dan LUNDBERG - doesn't anticipate problems for US consumer.] Impact on West Germany, Italy, Japan considered. [Econ. Fred BERGSTEN - describes effect on allies.] Reaction of Japan's stock market described.
REPORTER: Irving R. Levine
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