Foreign Relations of the United States, 1955–1957, Foreign Aid and Economic Defense Policy, Volume X

246. Special Staff Note for the President¹

Washington, April 8, 1957.

From Justice

Oil Cartel Negotiations—Mr. Eugene Holman and the Attorney General have agreed that a settlement of the oil cartel case would contribute materially to the over-all governmental policy to promote stability in the Middle East. Accordingly, intensive settlement negotiations have been commenced with Standard Oil of New Jersey.

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1. Source: Eisenhower Library, Whitman File, Eisenhower Diaries. Prepared by Albert P. Toner, Assistant to the White House Staff Secretary. The White House Staff Research Group relayed information received from the agencies or departments.