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The 1937 oil embargo, imposed by Mexico on the United States, significantly impacted the U.S. economy by disrupting oil supplies and leading to increased oil prices. This shortage affected various sectors reliant on petroleum, including transportation and manufacturing. The embargo heightened tensions between the two countries, ultimately contributing to a reevaluation of U.S. energy policies and the importance of securing stable oil sources. Additionally, it prompted greater efforts in domestic oil production and exploration.

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