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.

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 ...

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 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 ...

It has been 50 years since the Arab oil embargo and the ensuing crisis, which broke in October 1973. The initiating action was the embargo, but I recall that markets were tightening ahead of that ...