United Nations Security Council Resolution 1266

United Nations Security Council resolution 1266, adopted unanimously on 4 October 1999, after recalling all previous resolutions on Iraq, including resolutions 986 (1995), 1111 (1997), 1129 (1997), 1143 (1997), 1153 (1998), 1175 (1998), 1210 (1998) and 1242 (1999) concerning the Oil-for-Food Programme, the Council increased the limit on the amount of oil Iraq could export to 3.04 billion United States dollars for the current 180-day period which began on 25 May 1999.

The Security Council was determined to improve the humanitarian situation in Iraq and, acting under Chapter VII of the United Nations Charter, increased the limit of oil that Iraq could export beyond the prior authorised limit, which had previously been US$5.26 billion within a 180-day period.