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U S Ready to Impose Price Controls If Middle East War Escalates
Washington reports the government stands ready to move quickly to implement full scale economic controls if any U S armed intervention in the Middle East causes shortages or price inflation. Officials say any action would require real economic dislocation and possibly a special congressional session.
MENTIONED IN THIS ARTICLE
Washington
U.S
Middle East
Pentagon
Office of Defense Mobilization
Defense Production Act
ODM
Suez
Congress