SAUDIS PRESS SPILL CLEANUP; IRAQ COULD RESUME EXPORTS IF ...

Saudi Arabia is pressing its battle against spilled oil in the Persian Gulf. The cleanup campaign continued amid word last week that restoration of about 1 million b/d in Iraqi oil export capacity could occur fairly quickly with an end to civil unrest and a U.N. embargo against that country. The oil spill created when Iraq released oil from Kuwait's Sea Island terminal is moving slowly toward Iran's coast, with Iran's main export terminal at Kharg Island in its path.

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