Thursday, October 19, 2023

Friday, October 19, 1973. The Oil Embargo spreads.

Libya announced that it would completely halt oil exports to the United States.  The U.S. Federal Reserve regards this as the beginning of the full Arab Oil Embargo.

President Nixon rejected the Appeals Court decision that he turn over tapes to Federal investigators.  Instead, he proposed to have them transcribed, and then reviewed by Democratic Senator John C. Stennis.  Special Prosecutor Archibald Cox rejected the offer and resigned the following day.

Solutions for the Yom Kippur War were being discussed on an international level.

Elizabeth II, on a trip to Australian, signed the Royal Styles and Titles Act and assumed the title of "Queen of Australia".  She had previously been "Elizabeth the second, by the grace of God, of the United Kingdom, Australia and her other realms and territories, queen, head of the Commonwealth.".

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