Which oil producing region enacted the oil embargo on the US in the 1970's? Europe East Asia the Middle East
Solución de inteligencia artificial de Upstudy
Responder
Solución
Respondido por UpStudy AI y revisado por un tutor profesional


Mind Expander
The Middle East is where the infamous oil embargo took place in the 1970s. The Organization of Arab Petroleum Exporting Countries (OAPEC) decided to cut oil supplies to countries that supported Israel during the Yom Kippur War, mainly targeting the US. This led to skyrocketing oil prices and gas shortages, profoundly impacting the global economy and altering energy policies in many countries. Fast forward to today, the legacy of that oil embargo still echoes in energy discussions. Countries are constantly seeking energy independence and alternative sources, like renewables and nuclear power, to ensure they are not vulnerable to similar shocks. The 1970s demonstrated just how intertwined global politics and energy reliance could be!
preguntas relacionadas
