A Soviet court today rejected the $2,400,000 damage claim brought by an Israeli oil company for an oil contract cancelled unilaterally by the Soviets during the Suez crisis.
The Israel company charged it contracted in 1956 to import several thousand tons of Soviet oil and that the Russian Government cancelled the contract later in the year. Soviet officials contesting the suit said the contract was junked because of Israel “aggression” against Egypt.
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.
