Israel has signed a contract with Norway to buy 500,000 tons of oil from its North Sea oilfields over the next year. Norway, under heavy Arab pressure not to conclude the deal, stressed there was no political motivation or implication in the deal. Israel buys about 40% of its oil from Mexico, 25% from Egypt and the rest on the open spot market. The Norwegian deal will be part of the spot market purchases.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
