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Analysis (Mideast Crisis / Oil) #226136

CBS Evening News for Tuesday, Oct 09, 1973
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(Studio) Kuwait calls for urgent conference of oil rich nations to determine how oil to be used as political weapon against Israel. Energy adviser John Love admits bad oil shortage to result if Arab cntrys. hold back oil. Eric Sevareid reflects on Mideast conflict and oil crisis.
REPORTER: Walter Cronkite

(DC) Experts realize Middle E. war not 1967 all over again. Arab war methods more sophisticated, although Israel probably will win. Quiet diplomatic war wages with regard to oil, as major battles in Mideast continue. Oil-producing nations want higher prices; United States in poor bargaining position. Americans head for energy conservation program in anticipation of oil shortage.
REPORTER: Eric Sevareid

Cronkite, Walter;
Sevareid, Eric

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