The resulting explosion silenced the enemy fire, but also ended Specialist Four Sabo's life.
CNN's Umaro Djau, Deirdre Walsh, Ed Payne and Tracy Sabo contributed to this report.
Spc Sabo served in Company B of the 3rd Battalion, 506th Infantry, 101st Airborne Division.
Please give another round of applause to the Sabo family. (Applause.) I hope that everybody enjoys the reception.
The resulting explosion silenced the enemy fire, but also ended Specialist Sabo's life.
And those were the voices Leslie Sabo heard that day: his comrades -- pinned down, at risk of being overrun.
CNN's Kyra Phillips, David Mattingly, Tracy Sabo, Patrick Oppmann, Scott Bronstein, Patty Lane and Aaron Cooper contributed to this report.
Spc Sabo's commanders nominated him at the time for the Medal of Honor, but the request was not properly processed.
"Traders feel a lot more comfortable with the quality in the contracts offered in Brent and WTI, " Mr. Sabo said.
He found Spc Sabo's paperwork in 1999 while researching at the National Archives and sought lawmakers' approval for the posthumous accolade.
Sabo was trafficked to Africa as teenager after he and his family were promised "riches beyond their imagination, " before he was abandoned in Paris.
Medal of Honor nominations must be made within three years of the incident, but lawmakers extended the statute of limitations for Spc Sabo's case.
Leslie Sabo left behind a wife who adored him, a brother who loved him, parents who cherished him, and family and friends who admired him.
"There's a tug-of-war going on as to which one is going to be the ultimate benchmark, " said Michael Sabo, senior commodities broker at RJO Futures.
On that day, Specialist Four Sabo and his platoon were conducting a reconnaissance patrol when they were ambushed from all sides by a large enemy force.
On that day, when he and his platoon were ambushed by a large enemy force, Specialist Sabo immediately charged the enemy position, killing several enemy soldiers.
WHITEHOUSE: President Obama to Award Medal of Honor | The White House
Susan Sabo, who owns the Productivity Cafe, writes, speaks and consults with individuals and business owners across the country about how to do things quicker and better.
Specialist Sabo picked it up, threw it, and shielded a wounded comrade with his own body -- absorbing the brunt of the blast and saving his comrade's life.
Specialist Sabo's widow, Rose Mary Sabo-Brown and his brother, George Sabo, will join the President at the White House to commemorate his example of selfless service and sacrifice.
WHITEHOUSE: President Obama to Award Medal of Honor | The White House
Specialist Sabo picked it up, threw it, and shielded a wounded comrade with his own body - absorbing the brunt of the blast and saving his comrade's life.
WHITEHOUSE: President Obama to Award Medal of Honor | The White House
When Obama presents Rose Mary Sabo Brown with the medal on the pale blue ribbon, it will complete a circle that began 42 years ago right after her husband's death.
The personal accounts and speeches will be interspersed with musical interludes, with the Jewish Chorale of France (under the direction of Hector Sabo), the French Army Choir and the participation of Cantor Rabbi Raphael Cohen.
Seriously wounded by the blast, Specialist Four Sabo nonetheless retained the initiative and then single-handedly charged an enemy bunker that had inflicted severe damage on the platoon, receiving several serious wounds from automatic weapons fire in the process.
Specialist Sabo will receive the Medal of Honor posthumously for his heroic actions in combat on May 10, 1970, while serving as a rifleman in Company D, 3d Battalion, 506th Infantry, 101st Airborne Division in Se San, Cambodia.
WHITEHOUSE: President Obama to Award Medal of Honor | The White House
Specialist Sabo will receive the Medal of Honor posthumously for his heroic actions in combat on May 10, 1970, while serving as a rifleman in Company B, 3d Battalion, 506th Infantry, 101st Airborne Division in Se San, Cambodia.
"Seriously wounded by the blast, Specialist Four Sabo nonetheless retained the initiative and then single-handedly charged an enemy bunker that had inflicted severe damage on the platoon, receiving several serious wounds from automatic weapons fire in the process, " the citation said.
Mbvoumin recently featured in a documentary film called "Soka Afrika" that traced the journey of two African footballers -- South Africa's Kermit Romeo Erasmus and Cameroonian Julien Ndomo Sabo -- as they attempt to fulfil their dreams of playing professional football in Europe.
Sabo, Jr. distinguished himself by conspicuous acts of gallantry and intrepidity above and beyond the call of duty at the cost of his own life while serving as a rifleman in Company B, 3rd Battalion, 506th Infantry, 101st Airborne Division in Se San, Cambodia, May 10th, 1970.
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