Oil Supplies

Part of Oral Answers to Questions — Foreign and Commonwealth Affairs – in the House of Commons at 12:00 am on 19 December 1973.

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Photo of Sir Alec Douglas-Home Sir Alec Douglas-Home , Kinross and West Perthshire 12:00, 19 December 1973

We are, naturally, in continuous touch with Arab Governments about the cutback in oil supplies. The exchanges have resulted in assurances of supplies from some countries. We have also drawn Arab attention to the detrimental effects of the oil cutback on world economies, and pointed out that these effects would not be in the interests of our Arab friends.