Word: cutoffs
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...which only gets 11% of its oil from the Arabs, the cutoff decree has sent prices up, thermostats down, caused speed limits to be lowered, and prompted suggestions of gasoline rationing. This is minor compared to what could happen to Japan. Europe also is dependent on the Arabs for fuel...
Throughout our conversation, Siphan insisted that the United States and the Saigon regime fulfill their end of the January bargain. He asserted that the Saigon government could not stand without U.S. aid. An aid cutoff would have an important but not decisive influence on events in the South. Siphan said that as economic conditions worsen and the morale of the populace and the army sinks, the people will force President Thieu to obey the peace agreement...
...Soviets obviously felt otherwise. Both U.S. and Western European intelligence networks picked up signs of Russian military activity: mobilization ordered for two mechanized divisions near the Black Sea and a halt in Soviet military transport flights to Egypt and Syria. The cutoff in the flights carrying military supplies suggested that the giant Soviet planes might have been diverted home for troop movements. Intelligence experts feared that the Russian units might be sent in-at Sadat's urgent request-to help rescue the beleaguered Egyptian Third Army...
...both men and money was enormous, and the government's preparedness for war will be a key issue in the forthcoming elections to the Knesset (see story page 48). Israel stands to lose a few more friends in the world, either because nations fear an Arab oil cutoff or because they see Israel-despite the Arab surprise attack-as the real aggressor for having held onto territory captured in 1967 and thereby provoking the Arabs to fight to take it back. During the combat, both Nigeria and Ethiopia, the latter a longtime diplomatic ally, severed diplomatic relations with Israel...
...Cutoff. Putting economic pressure behind their proposals, the Arab nations announced a cutback in oil production for export, pegging it at 5% each month. Aimed mainly at the U.S., the move was also intended to exert pressure on Washington through the nations of Western Europe and Japan, which are more dependent on Middle East oil than is the U.S. Saudi Arabia promptly went further, first declaring an immediate 10% cutback in oil production and then cutting off all oil shipments to the U.S., as did Abu Dhabi, Libya and Algeria...