1984 world oil market chronology

February - March: Iran captures Majnoon Islands.
March 27: Beginning of "tanker war." Over the next nine months, 44 ships, including Iranian, Iraqi, Saudi Arabian and Kuwaiti tankers, are attacked by Iraqi or Iranian warplanes or damaged by mines.
March - June: Iran mobilizes 500,000 troops to southern front. No offensive materializes.
May 26: President Ronald Reagan rules out U.S. military intervention.
June: Civilian target truce in Iran-Iraq war.
October: Norway and Britain cut prices in response to falling spot market. Nigeria follows, renewing pressure on OPEC price cuts.
October 17: OPEC cuts production to 16 MMB/D, but agreement is negated by cheating and price-discounting.

previous year: 1983 world oil market chronology	This article is part of the Chronology of world oil market events (1970-2005)	following year: 1985 world oil market chronology

This article is issued from Wikipedia - version of the 4/24/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.