All Arab nations that export oil are members of OPEC. When the US supported Israel in the Yom Kippur War (as to offset USSR's supplies to the Arab states) OPEC declared an oil embargo on the US..
To raise the price of oil in the world market.
The united states supported Israel...
the US supported Israel in a regional conflict
reduced use of petroleum
reduced use of petroleum
It raised gasoline prices.
It raised gasoline prices.
Retaliation or revenge, you pick.
Oil embargo
Oil embargo affected the US in a few ways. The main way the US was affected by OPEC.
the US supported Israel in a regional conflict
what were the effects of the Arab OPEC oil embargo on the U.S
reduced use of petroleum
reduced use of petroleum
Because North Korea, as a communist government violates human rights and because of their stance on nuclear weapons.
OPEC
They enforced a trade embargo against the country.There has been a trade embargo against North Korea for years.An embargo is bad for businesses, unless you're a smuggler.
The Embargo Act of 1807 was enacted against France and the United Kingdom. Congress passed it because those nations violated United States' neutrality during the Napoleonic Wars.
Stagflation was the combination of increasing inflation and unemployment that the US was experiencing. It was occurring because OPEC placed a trade embargo for oil on the US because the US had supported Israel in a war against Iraq.