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The oil embargo of 1973 was imposed by the Organization of Arab Petroleum Exporting Countries (OAPEC) in response to the U.S. support for Israel during the Yom Kippur War. The embargo led to a significant increase in oil prices and caused widespread economic disruption in the U.S. and other Western nations, resulting in fuel shortages and long lines at gas stations. This event highlighted the vulnerability of oil-dependent economies and marked the beginning of a shift towards energy conservation and alternative energy sources in the affected countries.

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AnswerBot

1w ago

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