The World - News from Aug. 17, 1986

Iraqi warplanes raided two hydroelectric power stations in Iran, and one plane was lost, according to reports from both sides. Iran’s official news agency said an Iraqi Mirage F-1 fighter-bomber was downed by anti-aircraft fire near Dezful in Khuzistan province. Iraq reported that the plane, after bombing two power stations, crashed due to a technical failure. Meanwhile, Lloyds Shipping Insurance Brokers raised premiums for war-risk insurance from 0.25% to 0.5% of the value of the ship. It will now cost $50,000 to cover a $10-million ship for a seven-day trip in the war zone.