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jan 1, 1973 - OPEC embargo

Description:

The Arab members of the Organization of Petroleum Exporting Countries placed an embargo on oil sold to Israel’s supporters

Caused a worldwide oil shortage and long lines at gas stations in the US

Bad effect on US economy

Added to timeline:

AP US History

ByEmma Chase
9 May 2019
7
0
4706

Date:

jan 1, 1973
Now
~ 53 years ago
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