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(Studio) Egypt's President Sadat wants Arab oil producing cntrys. to exert pressure on United States to lessen Israeli support.
REPORTER: Harry Reasoner
(Egypt) President Sadat and Saudi Arabia's King Faisal strengthen Egypt's and Saudi Arabia's relations Oil discussed; possible political weapon uses against United States outlined. Faisal consistently pro-American till Sadat and other Middle E. pressure causes him to reconsider. Egypt wants in big oil production. New Egyptian oil policy underway. [Oil minister Dr. Ahmed HILAL - believes Egyptian oil may be political weapon.] American major oil companies sign exploration contracts with Egypt.
REPORTER: Barrie Dunsmore
- Dunsmore, Barrie;
- Reasoner, Harry
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