On October 17 the Arab oil producers …

Years: 1973 - 1973
On October 17 the Arab oil producers announce a program of reprisals against the Western backers of Israel: a five percent cutback in output, followed by further such reductions every month until Israel has withdrawn from all the occupied territories and the rights of the Palestinians have been restored.

The next day, President Nixon formally asks Congress for US$2.2 billion in emergency funds to finance the massive airlift of arms to Israel that is already under way.

The following day, King Faisal of Saudi Arabia decrees an immediate ten percent cutback in Saudi oil and, five days after that, the complete suspension of all shipments to the United States.

Related Events

Filter results