Besides issuing the oil embargo, what other things did OPEC do in 1973?
Answers
Answered by
2
Answer:
During 1973, the OPEC issued the oil embargo and raised the price of oil. The OPEC (Organizacion de Paises Exportadores de Petroleo) made the decision to stop exporting oil to the United States on October 19th, 1976. As a consequence of the oil embargo, prices of oil quadrupled over the following 6 months. All 12 members of the organization agreed on the embargo to the United States, which changed forever the price of oil.
hope this was helpful!
Explanation:
Similar questions