United Nations Security Council Resolution 1158 information
United Nations resolution adopted in 1998
UN Security Council Resolution 1158
Oil barrels
Date
25 March 1998
Meeting no.
3,865
Code
S/RES/1158 (Document)
Subject
The situation between Iraq and Kuwait
Voting summary
15 voted for
None voted against
None abstained
Result
Adopted
Security Council composition
Permanent members
China
France
Russia
United Kingdom
United States
Non-permanent members
Bahrain
Brazil
Costa Rica
Gabon
Gambia
Japan
Kenya
Portugal
Slovenia
Sweden
← 1157
Lists of resolutions
1159 →
United Nations Security Council resolution 1158, adopted unanimously on 25 March 1998, after recalling all previous resolutions on Iraq, including resolutions 986 (1995), 1111 (1997), 1129 (1997), 1143 (1997) and 1153 (1998) concerning the Oil-for-Food Programme, the council, acting under Chapter VII of the United Nations Charter, authorised the sale of up to 1.4 billion United States dollars of Iraqi oil and oil products within a 90-day period, beginning from 5 March 1998.[1]
The security council was concerned about the humanitarian consequences for the Iraqi people after the shortfall in the revenue from the sale of petroleum and petroleum products during the first 90-day period of implementation of Resolution 1143, due to a fall in oil prices and delayed resumption of oil sales by Iraq. It was determined to avoid the further deterioration of the humanitarian situation.
Acting under Chapter VII, the council decided that the mechanism whereby Iraqi oil exports, would finance humanitarian aid for a further 90 days, beginning at 00:01 EST on 5 March 1998.[2] The sum of the sales could not exceed US$1.4 billion in the 90-day period.
^"Security Council authorises sale of Iraq oil to offset shortfall in revenues resulting from delay in oil sales, drop in oil prices". United Nations. 25 March 1998.
^Anand, Vinod (2000). "Iraq under siege: Human costs of economic warfare". Strategic Analysis. 24 (2): 301–313. doi:10.1080/09700160008455214.
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