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Why was the US vulnerable to OPEC?
The US is vulnerable to OPEC because of the oil import. There is about 40% oil in OPEC countries.
Which country buys the largest percentage of OPEC oil?
The United States, in fact, buys the largestpercentage of OPEC oil.
What is most closely related to OPEC during the 1970?
The energy crisis in the United States in the 1970s is closely related to Opec.
Why did OPEC increased oil prices in 1973?
To pressure the United States not to support Israel
Why did OPEC increase oil in 1973?
To pressure the United States not to support Israel
Why did OPEC increase oil prices 1973?
To pressure the United States not to support Israel
Where does US buy it's oil?
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.
Did the OPEC react to the Yom Kippur War?
Yes, it did. OPEC responded with an embargo of the United States (which had sent materiel to Israel in the late stages of that war), which resulted in the 1973 oil crisis.
How did OPEC react to the Yom Kippur War?
OPEC responded with an embargo of the United States (which had sent materiel to Israel in the late stages of that war), which resulted in the Arab Oil Embargo of 1973.
When Nixon refused to withdraw support of Israel OPEC responded by doing what?
by refusing to sell oil to the United States
When Nixon refused to withdraw support of Israel OPEC responded bye?
refusing to sell oil to the us
Which was a major cause of the energy crisis in the early 1970s?
OPEC refused to sell oil to the United States The OPEC embargo on oil sales to countries supporting Israel The conflict over Israel
