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Nixon and Kissinger Could Have Halted 73 Oil Rise
US oil price surge in 1973 74 might have been prevented if Nixon and Kissinger had pressed the shah of Iran. The Shah cooperated with Saudi Arabia to restrain OPEC while advisors Simon and Burns urged countermeasures but were thwarted. Ford later pressed Tehran and Kissinger was sent to Tehran to enforce the line.
MENTIONED IN THIS ARTICLE
Washington
Richard Nixon
Henry Kissinger
United States
Nixon
West Germany
Japan
Shah
Saudi Arabia
James Akins
U S
CIA
Organization of Petroleum
Kissinger
Ahmed Zaki Yamani
OPEC
Ashington
Treasury
William Simon
Federal Reserve Board
Arthur Burns
Simon
Riyadh
Burns
Fahd
U.S
Iran
Tehran
Simon and
Gerald Ford
White House
Ford
United Feature Syndicate, Inc