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Hussein Urges Oil Embargo of U.S., Israel

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Reuters

President Saddam Hussein renewed his call Monday for Arab producers to back an Iraqi oil embargo to protest Israeli incursions into Palestinian territory.

In a TV address, Hussein said producing countries should cut exports by half and ban all oil sales to the U.S. and Israel.

On April 8, Hussein announced a monthlong embargo on Iraqi oil sales under the U.N. oil-for-food program. The sales, about 2 million barrels daily, are allowed as an exception to sanctions in place since the 1991 Persian Gulf War.

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No other oil producer has followed Iraq’s lead on an embargo. Saudi Arabia, the world’s biggest exporter, has ruled out the use of oil as a weapon in the Middle East conflict. On Monday, Saudi Oil Minister Ali Ibrahim Naimi said Riyadh would be prepared to fill any Iraqi shortage.

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