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In October, Arab state members of OPEC announce a 5% cut in oil production as a political response to U.S. support for Israel in the Arab-Israeli War.
In October, Arab state members of OPEC announce a 5% cut in oil production as a political response to U.S. support for Israel in the Arab-Israeli War.
Timeline Date:
1973
Related Teaching Unit:
Late 20th Century Coal Mining
Nuclear Energy, the Environment, and Debating the Costs of Progress
The Oil Shocks of the 1970s