The World - News from May 30, 1985
Mexico agreed to supply 320,000 barrels of oil to Nicaragua on preferential terms, the first such agreement since the United States imposed a trade embargo against the Sandinista government earlier this month. The 320,000 barrels will cover Nicaragua’s needs for only 25 days. Another 410,000 barrels may be shipped to Nicaragua on terms to be decided later. Mexico suspended its oil deliveries to Nicaragua last October when the Sandinista regime failed to pay an oil bill now totaling about $500 million.
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