OPEC doubled the price of oil from $2.18/bbl to $5.12/bbl. It didn't consult with the oil companies before doing so, and in some ways initiated in the modern, post, post World War Two, economy.
$5.12? Yes, that's what it was.
That would be $33.75 adjusted for inflation.
The UK and Iceland came to an agreement to end the Cod War.
Henry Kissinger and Lê Đức Thọ were awarded the Nobel Peace Prize. The North Vietnamese negotiation, however, did not accept it, stating:
However, since the signing of the Paris agreement, the United States and the Saigon administration continue in grave violation of a number of key clauses of this agreement. The Saigon administration, aided and encouraged by the United States, continues its acts of war. Peace has not yet really been established in South Vietnam. In these circumstances it is impossible for me to accept the 1973 Nobel Prize for Peace which the committee has bestowed on me. Once the Paris accord on Vietnam is respected, the arms are silenced and a real peace is established in South Vietnam, I will be able to consider accepting this prize. With my thanks to the Nobel Prize Committee please accept, madame, my sincere respects.
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