From wikipedia (http://en.wikipedia.org/wiki/1973_oil_crisis): The 1973 oil crisis began on October 17, 1973, when the members of Organization of Arab Petroleum Exporting Countries (OAPEC, consisting of the Arab members of OPEC plus Egypt and Syria) announced, as a result of the ongoing Yom Kippur War, that they would no longer ship oil to nations that had supported Israel in its conflict with Syria and Egypt (the United States, its allies in Western Europe, and Japan).
an embargo from Arab countries, created shortage
Arab Oil Embargo of 1973.
1973
Oil prices in the U.S. increased, and there was high inflation
Yes.
an embargo from Arab countries, created shortage
Americans had to conserve oil in 1973 because of _______.
OPEC oil embargo
Arab Oil Embargo of 1973.
balls.
Effects of the 1973 oil embargo include stagnation in oil importers and high inflation. There were also many negotiations over taxes, shares and prices between governments.
You have this in the WW2 category. No, President Carter was not part of the oil embargo placed on Japan in the 1930s. He was born in 1924 and too young to be part of the oil embargo in WW2 era. He was not involved in the 1973 oil embargo either.
the biggest one was the oil embargo
1973
The Arab "blackmail" embargo in 1974.An oil embargo
Oil prices in the U.S. increased, and there was high inflation
nova-net-nerd (^_^)>- all of the above