Oil sector 80's chronology "Lel Bruce Peto" recommended reading..
Oil & Gas Chronology :  The 1980’s

1982 
Indications of a world oil glut lead to a rapid decline in world oil prices 
early in 1982. OPEC appears to lose control over world oil prices. 
Mar 
Damascus closes Iraq's 400,000 bbl/d trans-Syrian oil export pipeline to 
show support for Iran.



Mar 11 

U.S. boycotts Libyan crude.

May 24Iran recaptures Khorramshahr. 

Jun 

Iran demands $150 billion in war reparations; pledges war until Iraq's 
Hussein stands trial.

Jun 10 

Iraq declares unilateral cease-fire.

Jul 13 

Iran launches first attack into Iraq.