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Mideast Peace Developments / Arab Reaction / OPEC #58649

ABC Evening News for Monday, Mar 26, 1979
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(Studio) Reaction to treaty by rest of Arab world noted, include Saudi Arabia's criticism of White House and demonstrations at Egyptian embassies in Tehran and Kuwait. Yasir Arafat quoted with regard to Menahem Begin. Baghdad preparations for Arab mins. meeting with regard to probable sanctions against Egypt noted. Pan Am 747, en route to Saudi Arabia, said ordered to land in Damascus, Syria, before being allowed to continue on to Dhahran, Saudi Arabia; no reasons given. Geneva, Switzerland, OPEC (Organization of Petroleum Exporting Countries) meeting cited.
REPORTER: Peter Jennings

(Geneva, Switzerland) Saudi Sheik Ahmed Zaki al-Yamani said resisting OPEC (Organization of Petroleum Exporting Countries) oil price increase; details given with regard to various increases called for. Films shown. Loss of Saudi power since Shah of Iran's fall and joining of price hawks, Iraq, Algeria, and Libya, by new Iranian regime detailed. Iraq oil min. quoted with regard to oil price increase due to Egypt-Israel treaty.
REPORTER: John Laurence

Reporter(s):
Jennings, Peter;
Laurence, John
Duration:
00:02:20

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