The situation is serious ... we must do more." Washington DC -- October 17 marks the 40th anniversary of the start of the 1973 Arab Oil Embargo -- an event that arguably launched the United States ...
In his first term, President Donald Trump's first foreign trip was to Riyadh. His first phone call to a foreign leader in his ...
AT A GLANCE • The Middle East oil embargo of 1973 spurred the creation of the Strategic Petroleum Reserve, or SPR, to safeguard U.S. national energy security against such events in the future.
Here’s What You Need to Remember: Ultimately, the test case for a 1973 invasion of Saudi Arabia ... Undeniably, the U.S. oil embargo had backed Imperial Japan into a corner.
The move was triggered by the start of the oil crisis of October 1973, when OPEC fuel producers started an embargo to the United States in response to President Richard Nixon’s request to send $ ...
The 1973 oil crisis began when Arab producers led by Saudi Arabia slapped an oil embargo on Western supporters of Israel in its war with Egypt, targeting Canada, Japan, the Netherlands ...
The United States established its Strategic Petroleum Reserve (SPR) in the wake of the 1973–1974 oil embargo that disrupted oil imports and drove oil prices much higher. The SPR consists ...