MIDDLE EAST: Proceed with Caution

The U.S. is urged to tread lightly in a crucial region

The Islamic revolution in Iran has sent out shock waves of confusion and distress throughout the monarchies of the Middle East. A state of jitters prevails in the Arabian peninsula, whose petroleum exports are vital to the security of the U.S. and its allies. The rulers of Saudi Arabia, the largest oil exporter of all, are reported to be frightened; a new set of security regulations is in force throughout the country. The governments of the tiny states of the Persian Gulf...

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