The Hudson Institute Event: 1973 Oil Embargo 50 Years Later – Mike Sommers
Remarks, as prepared for delivery, by API President and CEO Mike Sommers at the Hudson Institute marking the 50th anniversary of the 1973 Oil Embargo. Sommers acknowledged the parallels between the 1973 crisis in the Middle East that led to the embargo and the crisis unfolding today, expressing strong support for President Biden’s opposition to Hamas-led terrorism and reiterating the need for American leadership on the global stage.
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Hudson Institute – 50th Anniversary of Arab Oil Embargo
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