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US-Saudi Arabia / Oil Prices #246244

CBS Evening News for Tuesday, May 04, 1976
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(Studio) In late 1974, United States called for rollback of world oil prices.
REPORTER: Dan Rather

(DC) Ex-US ambassador to Saudi Arabia, James Akins, says Saudis didn't get Iran to join price rollback. [Subcommittee cnsl. Jerome LEVINSON - asked if Akins was told to quit pushing for oil rollback ] [AKINS - yes.] [LEVINSON - asks if Akins' pressure on subject irritated the Secretary of State.] [AKINS - says he was told that.] Akins says Saudi Arabia baffled by US reluctance to press price issue. State Department preparing response.
REPORTER: Nelson Benton

Benton, Nelson;
Rather, Dan

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