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Oil Consumers, Producers / Energy Crisis #231217

CBS Evening News for Wednesday, Jan 09, 1974
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(Studio) President invites leaders of major oil-consuming nations to meet in Washington, DC in joint effort to discuss coordinated policy aimed at solving growing energy crisis. 13 oil-producing cntrys. asked to join consuming nations at later date. Oil producers may be willing.
REPORTER: Walter Cronkite

(Geneva, Switzerland) After oil producers' meeting in Geneva, cntrys. decide to stabilize crude oil prices for 3 mos. [Iran's financial minister Jamshid AMOUZEGAR - says oil-producing cntrys. don't make tremendous profits off high oil prices.]
REPORTER: Charles Collingwood

(Studio) France rptdly. made deal with Saudi Arabia for oil in exchange for arms. France says Saudi Arabia's capital city teeming with representatives of other nations hoping to make similar deals.
REPORTER: Walter Cronkite

Reporter(s):
Collingwood, Charles;
Cronkite, Walter
Duration:
00:02:50

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