International records / Foreign Relations of the United States
312. Memorandum From the Deputy Assistant Secretary of State for International Resources and Food Policy ( Katz ) to the Assistant Secretary of State for Economic and Business Affairs ( Armstrong )
inly approve the Iraqi move and may make some financial assistance available. Whether the members will also support Iraq by restricting their own oil liftings is considerably more questionable—some members, such as Saudi Arabia, Iran, Abu Dhabi, and Nigeria are now counting on substantial production increases to boost income and would be most reluctant to freeze or restrict their growth. The Iranians moreover have no political interest in supporting the Iraqis. The Arab oil producers, who meet in an OAPEC conference June 7 just before the OPEC one, will probably have to go farther—at least ver…
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