The Majlis approved the 1987–88 budget with projected oil revenue of $11.74 billion. The forecast assumed exports of 1.5 million barrels daily at $16 per barrel.
In response to Iraqi allegations, Iran said its retaliatory actions were aimed at industrial and economic quarters and that it remained committed to avoiding civilian areas. These are Iran’s stated...
The Tower Commission issued its report on the U.S. Iran initiative. Its review helped expose failures in decision-making and oversight surrounding secret arms transfers to Iran.
Iran said it would welcome any verifiable international initiative requiring strict observance of the laws governing hostilities. Tehran continued to demand effective action against attacks on...
Kuwaiti tankers were placed under the American flag, a decision that brought U.S. naval protection to shipping linked to Iraq’s Gulf partners. Iran viewed the growing foreign military presence as a...
Reagan acknowledged that the Iran opening had deteriorated into trading arms for hostages and accepted responsibility. The admission revised his November denial of such an exchange.
👉 Majlis approves a lower oil-income budget forecast
Current
17 March 1987
The Majlis approved the 1987–88 budget with projected oil revenue of $11.74 billion. The forecast assumed exports of 1.5 million barrels daily at $16 per barrel.
Jeremy Corbyn questioned whether British peace diplomacy was credible without stronger restrictions on weapons and precursor chemicals; Renton defended existing controls.
Iran reported that Hassan Ali Ashraf, an Iranian combatant wounded by chemical weapons, died in Recklinghausen, West Germany, on 13 March. The case illustrates that exposure could require prolonged...
Iran charged at the UN that Iraq had used chemical weapons in the Karbala-5 operational area on 7 March. This record captures the later diplomatic complaint and clearly attributes the allegation to...
Velayati urged Geneva Protocol signatories to reaffirm their obligations through a common announcement and called for collective controls on exports usable in chemical warfare.
Iran told the UN that Iraq had used chemical weapons three times since 7 April in the Karbala-8 theatre, wounding combatants. The UN Yearbook also records Iraqi counter-allegations about Iranian...
