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Iraq Invasion of Kuwait / Oil / Iran / United States Economy #576862

NBC Evening News for Tuesday, Aug 21, 1990
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(Studio: Tom Brokaw) Oil prices reported rising as result of Persian Gulf crisis; gasoline price record high noted. Report introduced.

(Tehran: Tom Pettit) Hugh profits for oil-rich Iran during blockade of Iraq featured; scenes shown from Tehran, Iran. [Oil analyst Mare DIVARZI - comments.] Buyers noted including India and Japan. [Japan trade office managing DIRECTOR - comments.]

(Studio: Tom Brokaw) European Economic Community reported agreeing to give aid to Middle East countries like Jordan and Turkey, hurting from loss of trade with Iraq; Japan noted offering to help Jordan. Report introduced.

(New York: Mike Jensen) American economic windfalls and losses in Persian Gulf crisis examined. [PEOPLE - comment.]

Brokaw, Tom;
Jensen, Mike;
Pettit, Tom

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