The US is vulnerable to OPEC because of the oil import. There is about 40% oil in OPEC countries.
OPEC influences the price and availability of oil and gas.
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..
Oil
the US supported Israel in a regional conflict
Since the 1970's 80% of the oil in the US comes from OPEC. Before 1970 the USnproduced 80% and imported 20%.
According to AESC the US is the biggest OPEC customer.
OPEC influences the price and availability of oil and gas.
Oil embargo
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..
Oil
the US supported Israel in a regional conflict
opec
The United States typically buy's their oil from OPEC. OPEC is the company that handles the price, and sale of Oil for middle eastern countries.
Since the 1970's 80% of the oil in the US comes from OPEC. Before 1970 the USnproduced 80% and imported 20%.
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Oil embargo affected the US in a few ways. The main way the US was affected by OPEC.
reduced use of petroleum