OTHER NEWS - July 20, 1993
From Times Staff and Wire Reports
OPEC Meeting to Focus on Iraq: An emergency meeting is planned late this month to try to halt the plunge in prices caused by worries that the U.N. will soon allow Iraq to sell crude oil to pay for food and medicine. The news helped send oil prices rallying on the New York Mercantile Exchange in heavy trading. U.N. diplomats said last week that Baghdad may be allowed to sell oil to pay for food and medicine. Iraq has been barred from exporting oil under a U.N. embargo after invading Kuwait.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
